Wool steady
PA Napier The Napier wool sale ended on a stronger note after a hesitant start yesterday.
The Wool Board, through New Zealand Wools, supported the market actively, the official report said. There was a moderate to steady tone.
The offering of 17,209 bales was made up of 37 per cent mature fleece, 24 per cent second-shear, 23 per cent lamb firsts, 6 per cent bulky skirtings, 6 per cent clothing oddments, and 3 per cent locks.
The main buyers were East and Western Europe, New Zealand mills and merchant scourers, and Asia for lambs’ wool.
Compared with the sale in Dunedin on January 22, fleece wool, 33 to 34 micron, of good style was buyers’ favour; good to average style was sellers’ favour and 37 micron good style was firm.
The Wool Board bid on 5280 bales (38.3 per cent), and bought or had passed to it 1872 bales (11.1 per cent).
The market indicator for greasy wool was 406 c a kilogram, and 547 c for clean wool.
Official prices were: Crossbred, 35 micron, 105 to 115 mm: Good, 559 to 571, average to good, 551 to 558, average, 536 to 550.
35 a micron 105 to 115 mm: Good, 560 to 564, average to good, 554 to 558, average, 545 to 554.
Second-shear, 33 micron, 75mm to 50/100mm: Good, 553 to 557, average to good, 543 to 545.
33 micron, 25/75 to 50/ 75mm: Good, — to 548, average to good, — to 543. 35 micron, 75/100 to 75/ 125 mm: Good, 556 to 558, average to good, — to 548, average, 538 to 542. 35 micron, 50/75 to 50/ 100 mm: Good, 546 to 556, average to good, 538 to 543. 37 micron, 75/100 to 75/ 125 mm: Good, 558 to 564, average to good, — to 548. 37 micron, 50/75 to 50/ 100 mm: Good, — to 562, average to good, — to 540. Crossbred necks, 30/32 micron, 75/125mm: Average to poor, 519 to 534. Crossbred pieces, 33/35 micron 75/125mm: Average to poor, — to 493. First lambs, 29 micron, 25/ 175 to 50/75mm: Good to super, 568 to 572, average, 563 to 568.
30 micron, 50/75 to 75mm: Good, 566 to 570, average, — to 564.
31 micron, 75 to 50/ 100 mm: Good to super, 562 to 566, average, — to 562. Second lambs, 28/30 micron, Good, 543 to 553, average, 534 to 541, Average to poor, to 538.
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Press, 24 January 1987, Page 3
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398Wool steady Press, 24 January 1987, Page 3
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