Board dominates wool sale
PA Dunedin The Wool Board dominated the Dunedin wool sale yesterday, bidding on 63 per cent of the offering and setting the market levels. The board eventually bought 7422 bales of the 20,500-bale offering. This held the market about firm on recent sales. The official report said that compared with the last fine-wool sale in Christchurch on September 12, Merino fleece was firm, as was Halfbred fleece, necks and bellies. Halfbred pieces were in buyers’ favour. Compared with the crossbred sale at Napier on September 13, crossbred fleece was generally firm. Cross-
bred skirtings improved 2.5 per cent, and oddments gained up to 5 per cent. Crossbred second-shear was in sellers’ favour, and better style crutchings improved up to 5 per cent. Poorer crutchings were in buyers’ favour. The main competition came from the Wool Board, suppott from the Continent, the Far East and New Zealand mills. Much of the wool opened up well, showing good colour and reasonable length. The offering comprised Merino fleece 2.5 per cent, Halfbred fleece 25 per cent, strong fleece 38 per cent, fine oddments 8 per cent, strong oddments 17 per
cent, second-shear 5 per cent, crutchings and locks 4.5 per cent. The market indicator was 479 c a kilogram clean and 357 c greasy. Merino fleece, 20 micron: Good to super to 1041. Good to 1033. Merino, 21 micron: Good to 923. Halfbred, 25 micron: Good to super 679 to 706. Good 671 to 697. Halfbred, 27 micron: Good to super 604 to 619. Good 595 to 610. Average to good 570 to 588. Haltbred, 29 micron: Good to super 537 to 551. Good 530 to 544. Average to good 514 to 521. Halfbred, 31 micron: Good to super to 534. Good 519 to 529. Average to good 494 to 518. Crossbred, 35 micron: Good
to super 501 to 503. Good 496 to 498. Average to good 485 to 488. Crossbred, 37 micron: Good to super 497 to 500. Good 492 to 494. Average to good 484 to 487. Pieces Merino, 21 micron: Good to 754. Halfbred, 27 micron: Good to 522. Crossbred, 35 micron: Good to 466. Average to good to 446. Average to 420. Crutchings Crossbred, 37 micron: Good to 426. Average to good to 395. Second-shear Crossbred, 37 micron, 75/ 125 mm: Good to super to 497. Good to 493. Average to good to 482. Crossbred, 37 micron. 75/ 100 mm: Good to super to 491. Good to 487. Average to good to 480.
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Press, 20 September 1985, Page 3
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418Board dominates wool sale Press, 20 September 1985, Page 3
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