Wool strong at Napier
PA Napier A strong tone showed at the Napier wool sale yesterday. Competition was widely spread and bidding keen. Main competition came from New Zealand carpet mills.
The offering of 28,182 bales was 80 per cent second-shear wool of good colour for the time of year. A few lots showed water discolouration and were discounted accordingly. The market for B grade and B/C grade second-shear was to 3 per cent dearer, clothing oddments were fully firm to 2.5 per cent dearer, and full fleece was to 2.5 per cent dearer. The adjusted weighted average sale price was 293.78 c a kilogram. Based on this, a Government supplementary payment of 8.9 per cent will apply to all wool sold at the sale and all wool sold privately from midnight on Wednesday to midnight last night. The market indicator was 294 c. Official range of prices: Full fleece, 37 micron: Good to average 320 to 352 Average to ordinary 280 to 308 Second-shear, 37 micron, long (75-100 mm
Good to super Good 337 to 360 329 to 336 Average to good Second-shear, 37 micron, 50100mm: 317 to 328 Good to super 325 to 346 Good 313 to 324 Average to good Second-shear, 50mm-to75mm and shorter: 294 to 312 Good to super - to 319 Good 302 to 306 Average to good Second-shear bellies and pieces: 290 to 301 Good - to 260 Average to good Lambs, 30 micron: 221 to 233 Average to good — to 335 Average to inferior 251 to 300 Crutchings, 37 micron: Average to good 230 to 260 Average to inferior 183 to 229
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Press, 22 June 1984, Page 2
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267Wool strong at Napier Press, 22 June 1984, Page 2
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