Official report, price range

Press, 9 August 1985, Page 25

Official report, price range

Main crossbred fleece prices fell 4 to 5 per cent at a combined Timaru and Invercargill wool sale in Christchurch yesterday. Medium crossbred and second-shear were down 4 per cent and strong crossbred was down 5 per cent compared with the last sale of last season, on June 27.

Better length crossbred crutchings were barely steady and shorter lines down as much as 5 per cent. Crossbred skirtings fell 2.5 to 5 per cent and oddments fell 5 to 7.5 per cent. The competition was well spread with a good bidding tone. Eastern Europe and New Zealand mills were the main buyers, supported by western Europe and the Far East. The Wool Board gave substantial support to the market, bidding on 2857 bales, 26 per cent of the offering, and buying or having passed to it 1069 bales, or 9.7 per cent. The market indicator for the sales at Christchurch and Wellington was 361 c greasy and 485 c clean.

The following range of prices is issued by the South Canterbury and Invercargill woolbrokers’ associations in conjunction with the Wool

Board and Council of Wool Exporters: Medium crossbred, 35 micron: Good to super to 523. Good to 511. Strong crossbred, 37 micron: Good 503 to 508. Good average 490 to 502. Second shear Crossbred, 37 micron, 75/ 125 mm: Good to super to 505. Good to 498. Good average to 486. Crossbred, 37 micron, 50/ 100 mm: Good to super to 504. Good to 496. Good average to 482. Necks Fine crossbred, 32 micron: Average to 470. Pieces Crossbred, 35 micron: Average to good to 453. Average to 444. Bellies Medium crossbred, 35 micron: Average to good to 436. Average to 427. Cruichings

Fine halfbred, 28 micron: Average to good to 466. Halfbred, 30 micron: Average to good to 454. Crossbred, 37 micron: Good to super 432 to 440. Good 422 to 431. Average 404 to 414. Locks

Crossbred, 35 micron: Average to good 347 to 352.