Official report, prices

Press, 3 November 1984, Page 14

Official report, prices

Prices for extra fine Merino wools rose 2.5 to 5 per cent at the Christchurch wool sale yesterday. Most other wool types were up to 2.5 per cent dearer than recent sales or in sellers’ favour. According to the official report issued by the Christchurch Woolbrokers’ Association, in conjunction with the Wool Board and the Council of Wool Exporters, woolly and shorn Merino hogget wool comprised most of the offering of 27,017 bales. The wool came from growers in North Canterbury, Mid-Canterbury and Marlborough. T.. . ’ The Merino wool was attactive, although a little coarser than last year because of the good growing season. Most quality wool ranged from 19 to 21 microns, and staple length, colour, and yield were described as good. Only a few lots of hogget wool were of average to poor quality, most being described as good or good to super. Competition was widespread and the principal buyers represented the Far East, Western Europe and New Zealand mills. Some support was given by Eastern European buyers. Compared with the TimaruDunedin sale on October 26, extra fine Merino was 2.5 to 5 per cent dearer, fine and medium Merino was generally unchanged, and extra fine and fine Halfbred was up to 2.5 per cent dearer. Medium, strong and extra strong Halfbred was in sellers’ favour, and Halfbred skirtings, second pieces and locks were 2.5 to 5 per cent dearer. Fine, medium and strong crossbred was inclined to be in sellers’ favour compared with the Napier sale on Thursday, ] and crossbred second-shear, second pieces and locks were generally unchanged. The Wool Board gave mini- ] mal support to the market. Prompt date is November 20. The following is the official range of clean prices:—

Merino, 18 micron: Good to super — to 2820 Good 2600 to 2685 Merino, 19m: Good to super 2398 to Good . 1792 Merino, 20m: to 1856

Good to super 1539 to 1578 Good 1223 to Good to average 1278 1200 to Merino, 21m: 1222 Good to super 1036 to 1068 Good 990 to 1029 Good to average 950 to 982 Merino, 22m: Good to super 906 to 920 Good 890 to 902 Good to average 883 to 896 Extra fine Halfbred and Corriedale, 25m: Good to super 728 to 744 Good 714 to 727 Good to average 700 to 711 Extra fine Halfbred and Corriedale, 26m: . Good to super 676 to 685 Good 668 to 674 Good to average 650 to 671 Fine Halfbred and Corriedale, 27m: Good to super - to 668 Good 633 to 648 Good to average 620 to 632 Medium Halfbred and Corriedale, 29m: - to 603 Good to super Good 560 to 574 Good to average 546 to 558 Strong Halfbred and Corriedale, 31m: Good 548 to 560 Good to average 529 to 546 Extra strong Halfbred and Corriedale, 32m: Good 548 to 558 Good to average 528 to 546 Fine Crossbred, 33m: Good 530 to 540 Good to average 506 to 527 Fine Crossbred, 34 nr Good to super 526 to 538 Good 520 to 527 Good to average 515 to 522 Medium Crossbred, 35m: Good to super - to 528 Good 515 to 524 Good to average 500 to 512 Strong Crossbre'd, 37m: 506 to 512 ' Good -■. , Good to average 500 to 505 '

, Shorn hogget Fine Halfbred, 25/ 26m Good Halfbred, 27/28m 654 to 692 Good Fine Crossbred, 75/ 598 to 638 100mm, 30/ 31m: Good Crossbred, '< 75/ 544 to 558 12 5mm, 33H4m: Good 509 to 536 Second-shear Strong Crossbred, 75/125mm, 37m « - to 506 Good to super Goodj r .-Average - to 498 - to 494 Strong -Crossbred, 50/i00mm, 37m' 496 to 503 . .Good'/ . Average 466 to 494 Necks Fine .. Halfbred, 25m: . ■ Average .to good Halfbred, 28m 670 to 705 Average to good Fine Crossbred, 605 to 624 34m Average to good Merino, 21m: 510 to 516 Average to good Fine Halfbred, 860 to 880 26m Average to good Halfbred, 28m 606 to 641 Average to good Crossbred, 35m 580 to 586 Average to good 497 to 514 Bellies Merino, 21m Average to good Fine Halfbred, 800 to 814 27m Average to good Halfbred, 29/30m 597 to 608 Average to good Medium Crossbred, 506 to 539 35m Average to good 437 to 458 Crutchings Merino, 22m , Average to good Halfbred, 30m - to 590 Average to good Crossbred, 37m 512 to 524 Good 450 to 460 ■ , Average Strong Crossbred, 440 to 448 40m Average to good - to 467 Locks Merino, 22m: Average to good Halfbred, 28m: - to 640 ; Average to good i Crossbred, 35m 530 to 540 Average to good 422 to 431