Napier wool down 5%

Press, 2 November 1985, Page 3

Napier wool down 5%

PA Napier The Wool Board bought 19 per cent of the offering at the Napier wool sale yesterday and supplemented prices up to 20c a kilogram. It bid on 59 per cent of the offering. The board supplemented fleece prices of the best style from 15c to 20c clean off the floor. Poorer-style fleece was supplemented 10c to 12c. Strong buying was evident from China for fine hogget fleece, New Zealand carpet mills for coarser fleece, and the Wool Board on better-style, longer hogget wool of coarse micron measurement Compared with the Wellington sale on October 24,

fleece wool of 31 to 32 microns was down 2.5 to 5 per cent, and 33 to 37 microns generally was down 4 to 5 per cent Second-shear was fully in buyers’ favour. Pieces fell as much as 5 per cent, bellies mainly were in buyers’ favour to 2.5 per cent down. First crutchings, average style, varied from unchanged to buyers’ favour. The 21,500 bale offering fell 3500 bales short of the rostered quantity. It was 63 per cent new season’s hogget fleece, 12 per cent second-shear, 4 per cent crutchings and the rest oddments. Fine crossbred hogget, 32 micron, 185/115mm Good 474

to 484, average to good 468 to 474. Medium crossbred hogget, 34 micron, 110/125mm: Good 470 to 475, average to good 468 to 469. Crossbred fleece, 35 micron, 110/125mm: Good 470 to 475, average to g3od 460 to-470. Crossbred fleece, 37 micron, 110/125mm: Good 468 to 475, average to good 462 to 468. Second-shear fleece, 37 micron, 75/100mm to 75/125mm: Good 476 to 485, average to good 470 to 476. Second-shear fleece, 37 micron, 50/75mm to 50/100mm: Good 475 to 481, average to good up to 475. Crossbred crutchings: 37 micron, 50/100mm to 75/lOOmm: Average 421 to 428.