Firm trend for wool
PA Wellington Most wool prices were firm at the Wanganui-Well-ington sale yesterday. A total of 30,900 bales were on offer, including more than 16,000 from Wanganui. almost 6000 by separation from Auckland, and the rest from the Wellington area. Compared with the Invercargill wools sold by separation at Christchurch on Thursday, the market for Wellington wools was quoted as firm, with better grown and better prepared lines in sellers’ favour. Wool Board supplementation for fleece wool was 10c to 15c, and oddments 12c to 18c. The board bid on 35 per cent of the catalogue and bought or had passed to it, 9.5 per cent. For the Wanganui part of the sale, fleece and secondshear. wool' showed signs of the drv autumn and a late
spring, many clips being yellow. cotty and tender.
Compared with the Invercargill wools, the market was quoted as: fleece, very firm; second-shear, firm; fine lambs, unchanged; coarse lambs, firm; oddments, unchanged. Competition was well spread. Eastern Europe being the main buyer, with support from China and New Zealand mills.
The Wool Board bid on about 30 per cent of the Wanganui wool and had about 10 per cent passed to it.
The adjusted weighted average sale price was 258.37 c a kilogram, according to the Wool Board. Based on this a Government supplementary payment of 23.9 per cent will apply to all wool sold at the sale and all wool sold privately from midnight on Thursday to midnight. February 17.
The price range included: Medium crossbred. 46.48s. 4in to 6in: Good 270 to 285 Average 255 to 269 Poor 235 to 245 Low Yielding Early-shorn. 46 50s. 203 to 228 3in to 5in Good 265 to 275 Average 254 to 264 Poor 243 to 253 Low yielding Second-shear. 45 50s, 200 to 225 2 in to 4in Good 258 to 268 Average 247 to 257 Poor 235 to 246 Low yielding Second-snear. 46 50s. 220 to 234 short. 2in to 3in Good 240 to 55 Average 229 to 239 Poor 217 to 228 Low Yielding 200 to 216 Fine crossbred lambs. 50s Good 274 to 289 Average 263 to 273 Low yielding Fine crossbred 250 to 262 iambs. 48 50s Good 266 to 276 Average 255 to 265 Low yielding 244 to 254
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Press, 13 February 1982, Page 3
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382Firm trend for wool Press, 13 February 1982, Page 3
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