Official report and prices

Press, 8 February 1985, Page 12

Official report and prices

The wool market generally was steady under strong, wellspread buying competition, said the official report of yesterday’s combined Timaru and Dunedin wool sale in Christchurch. Buyers representing Eastern Europe and Western Europe were the main contributors to a good bidding tone, with support from the Far East. The official report is prepared by the South Canterbury and Otago Woolbrokers’ Association in conjunction with the Wool Board and the Council of Wool Exporters. Compared with the Christchurch sale on February 1, extra fine Halfbred fleece, 2526 micron, was down as much as 6 per cent; fine Halfbred, 27-28 micron, was in buyers’ favour; medium, 29 micron, was up fully 2.5 per cent; strong and extra strong, 30-32 micron, was in sellers’ favour, and skirtings in buyers’ favour. Also compared with the Christchurch sale on February 1, fine crossbred fleece, 33 micron, generally was unchanged; medium crossbred 3435 micron, was par to minus 2.5 per cent; strong, 36-37 micron, was firm; second-shear, 37 micron, was in sellers’ favour, lambs’ wool was par to minus 2.5 per cent skirtings were unchanged, and locks and second pieces were down 2.5 per cent. The Wool Board bid on 2024 bales, or 9.2 per cent of the offering, and had 801 bales, or 3.6 per cent sold or passed to it. The offering was 14,218 bales of Timaru wool and 8021 bales of Dunedin wool. , Prompt date is Monday, February 25. Following is the official range of clean prices:— Fine Halfbred and Corriedale, 27 micron: Good 734 to 744 Medium Halfbred and Corriedale, 29 micron Good 726 to 740 Strong Halfbred and Corriedale, 31 micron: Good 570 to 578

Fine Crossbred, 32/ 33 micron: Good 539 to 550 Medium Crossbred, 35 micron: Good 490 to 498 Average to good 482 to 490 Strong Crossbred, 37 micron: Good 490 to 493 Average to good 483 to 486 Poor 475 to 480 Lambs Fine Halfbred, 26 micron: Good to super — to 619 Good 610 to 615 Fine Crossbred, 29 micron: Good to super — to 593 Good — to 588 Crossbred, 31 micron: Good to super — to 581 Good 573 to 578 Average to good 559 to 566 Second-shear Crossbred, 75/ 125 mm, 37 micron: Good — to 490 Average to good —to 482 Crossbred, 50/ 100 mm, 37 micron: Good to super — to 486 Good — to 482 Fine Halfbred, 26 micron: Average to good —to 644 Halfbred, 27 micron: Average to good —to 633 Fine Crossbred, 32 micron: Average to good —to 523 Pipppc Fine Halfbred, 27 micron: Average to good —to 636 Average — to 618 Halfbred, 28 micron: Average to good —to 588 Crossbred, 35 micron: Average to good —to 474 Average — to 465 Bellies Medium Crossbred, 35 micron: Average — to 446 Locks Halfbred, 28 micron: Average to good —to 544 Crossbred, 35 micron: Average to good —to 367