Most wool types unchanged on recent prices

Press, 18 December 1986, Page 40

Most wool types unchanged on recent prices

Most wool types were unchanged in price compared with recent sales when Timaru and Christchurch wool sold at auction in Christchurch yesterday. According to the official report, the Merino fleece was unchanged and the Halfbred fleece was very firm and inclined in sellers’ favour when compared with the Dunedin sale on December 11.

Compared with the Napier sale on December 12, fine and medium crossbred fleece and crossbred second shear was unchanged, with the strong crossbred and the skirtings in buyers’ favour. The Wool Board gave support to the market by bidding on 14 per cent of the offering and having 3.3 per cent sold or passed to it. The competition opened hesitantly, then widened to be very general with a good bidding tone. The Far East, supported by Eastern Europe, dominated the bidding with useful support from Western Europe, Japan and local mills. The market indicator is 421 c greasy and 566 c clean. Clean prices

The following official range of clean auction prices was released by the Christchurch Wool Brokers’ Association in conjunction with the Wool Board and the Council of Wool Exporters. The Merino quotations are for good length. Short wools were considerably cheaper:

Merino, 18 micron: Good to super to 1388. Merino, 19 micron: Good to super, 1209 to 1214; good, 1168 to 1177. 20 micron: Good to super, 994 to 1003, good, 986 to 993. 21 micron: Good to super, 903 to 906; good, 887 to 896; good to average, 881 to 886. 22 micron: Good to super, 860 to 862; good, 841 to 854.

Extra fine Halfbred and Corriedale, 25 micron: Good to super, 648 to 659; good, 636 to 642.

Fine Halfbred and Corriedale, 27 micron: Good to super, 627 to 629; good, 621 to 626.

Medium Halfbred and Corriedale, 29 micron: Good to super, 602 to 610; good, 592 to 600.

Strong Halfbred and Corriedale, 31 micron: Good, 603 to 610.

Fine Crossbred, 32-33 micron: Good to super, to 599; good, 595 to 597; good to average, to 589. Medium Crossbred, 35 micron: Good to super, 589 to 594; good, 579 to 587; good to average, 566 to 576. Strong Crossbred, 37 micron: Good to super, 580 to 590; good, 574 to 589. Shorn hogget Fine Halfbred, 25-26 micron: Good, 624 to 638. Halfbred, 27-28 micron: Good, 620 to 633. Fine Crossbred,’ 30-31 micron 75-100 mm: Good 599 to 608.

Crossbred, 33-34 micron 75125 mm: Good, 590 to 598.

Second shear Halfbred, 29 micron: Good, 600 to 616. Crossbred, 37 micron 75125 mm: Good, 573 to 585; good to average, 563 to 566. Crossbred, 37 micron 50100 mm: Good, 542 to 555. Necks Merino, 21 micron: Average to good, 810 to 837. Fine Halfbred, 25-26 micron: Average to good, 623 to 630. Halfbred, 27-28 micron: Average to good, 612 to 620. Fine Crossbred, 32 micron: Average to good, 582 to 589. Pieces Merino, 21 micron: Average to good, 776 to 787. Fine Halfbred, 26 micron: Average to good, 580 to 597, average, to 565. Halfbred, 24-28 micron: Average to good, 572 to 585; average, 560 to 569. Crossbred, 35 micron: Average to good, 515 to 523. Bellies Merino, 21 micron: Average to good, to 745; average, 697 to 709. Fine Halfbred, 26 micron: Average to good, to 556. Halfbred, 27-28 micron: Average to good, 564 to 578; average, 556 to 563. Medium Crossbred, 35 micron: Average to good, 492 to 514; average, 479 to 481. Locks Merino, 22 micron: Average to good, to 600. Halfbred, 28 micron: Average to good, to 550. Crossbred, 35 micron: Average to good, to 430.