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Wool firm at Auckland sale

PA Auckland Fleece was firm and second-shear hogget very firm at the Auckland wool sale yesterday, compared with prices at'Christchurch a week ago, according to an official report. Good and average to good second-shear was down 2% per cent to 5 per cent. Average to poor short oddments were generally firm. Principal buyers were New Zealand mills, with support from the Far East and Eastern Europe. On offer was 19,033 bales of new season greasy wool, plus 7900 bales of Wool Board stock, of which 3900 bales were offered yesterday with the rest being valued in Auckland but to be sold later.

The Auckland offering was 4 per cent fleece, 77 per cent second-shear, 4 per cent lambs’, 12 per cent short oddments and 3 per cent miscellaneous types. The adjusted weighted average sale price was 295.07 c a kilogram. Based

on this, a Government supplementary payment of 8.4 per cent will apply to all wool sold at the sale and all wool sold privately from midnight May 17 to midnight last night. The market indicator was 295 c.

Crossbred hogget (second-shear), 48/SOS and 50s:

Good Good to average 328 to 345 310 to 328 Average 292 to 310 Average to poor 274 to 292 Crossbred secondshear (Longer), 46/ 50s and 44/48s: Good 328 to 346 Good to average 310 to 328 Average 292 to 310 Average to poor 274 to 292 Crossbred secondshear (shorter). 46/50 and 44/48s: Good 312 to 330 Good to average 294 to 312 Average 276 to 294 Average to poor 260 to 276 Second-shear bellies and pieces, 46/50s: Average 212 to 230 Poor to average 194 to 212 Poor 17a to 194

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19840519.2.31

Bibliographic details

Press, 19 May 1984, Page 3

Word Count
282

Wool firm at Auckland sale Press, 19 May 1984, Page 3

Wool firm at Auckland sale Press, 19 May 1984, Page 3

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