Wool prices weaker

Press, 30 April 1988, Page 3

Wool prices weaker

PA ! Wellington Wool j prices were weaker at yesterday’s Napier arid Christchurch sales after the New Zealand dollar strengthened 1.2 per ceht to 0.6722 U.S. dollars cornpared with the last auction on April 21,i The market : indicator dropped :10c to 605 c a kilogram clean, according to the Wool Board. The offering of 3928 clean tonnes (33,285 bales) included 9 per cent crossbred fleece, 62 per cent crossbred secondshear and 11 I per cent lamps’ The rest was skirtings, j oddments and miscellaneous. The Wool Board's report on prices for clean wool of the following j descriptions is based on yesterday's sales at Christchurch and Napier. Micron I Col mm Cents Crossbred

33 fleece 4 110 — 33 fleece 1 7 110 — 35 fleece 1 4 125 615 35 fleece 7 125 595 37 fleece 4 125 606 37 fleece ! 7 125 593 37 cotts 7 125 548 35 pieces 1 9 100 — 35 bellies 10 100 519 35 locks 10 50 471 37 crutchings 5 65 — Second shear 37 fleece 7 100 586 37 fleece 5 100 583 37 fleece 2 85 581, 37 fleece 5 85 574 37 fleece 7 75 574 37 fleece 5 75 565 37 fleecq 0 65 553 37 fleect 5 65 542 35 be!/p: s 8 65 492 29 lamb 3 65 590 30 lamb 3 75 —