THE HOP MARKET.
yjo.Ui oi»i:\s \vi;m,. "This yoar lias opened with a good Irndo in hops," reports the iliith Commissioner under date, of London January 12. "J'riee-i that, early in the srason showed considerable increase on those ruling twelve months previously have been steadily advancing. At Hie' present moment siocks urn reported to l:c in small compass, and' prices are very firm. The long, unusually hot summer, while restricting the quantity, helped the qualify, which, being exceptionally fine, caused n keen demand amongst brewers to secure parcels. Tho result is thai, now tlioro :iro_ very fow, if any, hops held in growers' linmls, and those who possess suiy slocks aro asking a very high figure for them. "The prospect for a continuance of high price is goo;l. It' thr-re are good crops iu New Zealand and any surplus is , available aflsr local requirements are satisfied, this season might be considered a good one in which to make shipments to London. Values at present arc quoted in London nt ,£l2 per cwt for Knglish hop=, and about ,£ll for Cnliforniiin, or about 50 per cent higher than the prices realised last year." ,
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Dominion, Volume 5, Issue 1390, 25 March 1912, Page 10
Word Count
191THE HOP MARKET. Dominion, Volume 5, Issue 1390, 25 March 1912, Page 10
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