Auckland wool down
PA . Auckland' Prices at the Auckland wool sale yesterday were in buyers’ favour compared with the Invercargill sale last week.
Average to good wools were to 2.5 per cent cheaper, and oddments 2.5 per cent cheaper. The offering of 18,378 bales of growers’ wool, plus 4056 bales of Wool Board “stock,” was 82 per cent second-shear, 12 per cent oddments, and the rest miscellaneous types. Yields were higher than normal, because of recent wet weather. Competition was well spread, Eastern Europe and New Zealand scouring mer-
chants being the main buyers. Good support came from the Middle East. The adjusted weighted average sale price was 285.57 c a kilogram. Based on this, a Government supplementary payment of 12.1 per cent will apply to all wool sold at the sale, and all wool sold privately from midnight on June 1 to midnight on June 9. The market indicator was 286 c. Official range of prices:— Second-shear Crossbred Hogget, 48/50s (longer): Good 320 fe 333 Average to good 306 to 319 Average 292 to 305
Crossbred Hogget, 48/50s (short): Good 305 to 318 Average to good 291 to 304 Average 277 to 290 Crossbred, 46/50s (longer): Good 342 to 355 Average to good 328 to 341 Average 314 to 327 Crossbred, 46/50s (medium): Good 331 to 344 Average to good 317 to 330 Average 303 to 316 Crossbred, 46/50s (short): Good 306 to 319 Average to good 292 to 305 Average 278 to 291 Crossbred Bellies and Pieces, 46/50s: Average to good 220 to 233 Average 206 to 219 Poor-average 192 to 205 Poor 178 to 191
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Press, 3 June 1983, Page 3
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268Auckland wool down Press, 3 June 1983, Page 3
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