Wool prices good at Napier sale

Press, 11 January 1986, Page 25

Wool prices good at Napier sale

PA Napier Prices were generally good at the Napier wool sale yesterday, although not as strong as on the first day, Wednesday. Some 50,662 bales were offered during the two-day sale, including 21,770 bales yesterday. Principal buyers yesterday were Eastern Europe and the Middle East, with support from China and the Continent. The offering was 43 per cent crossbred fleece, 26 per cent early-shorn and second-shear, 16 per cent lambs’, 5 per cent bulky oddments and 9 per cent shorter clothing oddments. Compared with the Invercargill sale on Thursday, best style fleece was generally in sellers’ favour and poorer style in buyers’ favour. Second-shear was in sellers’ favour. Bulky skirtings were firm, to sellers’ favour. Second pieces and locks were unchanged to 2.5 per cent dearer, and second-shear oddments were unchanged to sellers’ favour. Compared with the Napier sale on Wednesday, first lambs were unchanged and second lambs were unchanged to buyers’favour. Some attractive lots of good to super fleece were available but over all the fleece was of not quite as good colour as earlier offerings with some lines showing water stain. More tender wool came forward in this sale.

Early-shorn and secondshear fleece was mainly of good style, slightly more colour being noticeable. The lambs’ wool, although mainly shorter in stapled categories, was of good and good to super style and colour, only the odd lot showing any degree of discolouration.

Wool Board activity was limited to a minimal number of neglected lots.

The market indicator was 470 c clean and 350 c greasy. The A.W.A.S.P. was 351.89 c greasy and 473.22 c clean. Medium crossbred hogget: 34 micron, 110/125mm: Good 489 to 511, average to good 475 to 488.

Crossbred fleece, 35 micron, 110/125mm: Good 485 to 497, average to good 478 to 484, average 470 to 478.

Crossbred: 37 micron: Good 485 to 501, average to good 477 to 484, average 470 to 478.

Second-shear fleece, 37 micron, 75/100 to 75/125mm: Good 480 to 486, average to good 470 to 480.

Second-shear, 37 micron, 50/ 75mm to 50/100mm: Good 472 to 483, average to good 455 to 472.

Crossbred pieces, 33 micron, 75/125mm: Average-poor 438 to 444.

Second-shear bellies and pieces, 35 micron, 50/100 to 75/ 100 mm: Average-poor 400 to 419, poor 386 to 413.

Lambs, 28 micron, 25/75mm to 50/75mm: Good 490 to 495, average 486 to 492. Lambs, 29 micron, 25/75mm to 50/75mm: Good 487 to 496, average 485 to 493, averagepoor 481 to 487.