HEMP POSITION
There is but very little inquiry for hemp from any quarter. Sales are being made, but in parcels of retail dimensions. Millers in the Manawatu are busy, but are reported as but trying to make both ends meet. Merchants' prices are round about £28 10s for good fair, £27 for high fair, and £25 for low. The High Commissioner reporting London, 4th February, describes' the Manila .market as inactive. Philippine shippers are. holding" better grade for 60s. to 80s per ton above prices which second-hand sellers here would accept.. Present valuo is: J. grade £39 per ton nominally. New Zealand stagnant, nominal value spot highpoints £37 per ton ; January-March shipment, £35 10s. per ton, fair £35 and £34 per ton respectively. ;
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https://paperspast.natlib.govt.nz/newspapers/EP19220207.2.87
Bibliographic details
Evening Post, Volume CIII, Issue 31, 7 February 1922, Page 8
Word Count
123HEMP POSITION Evening Post, Volume CIII, Issue 31, 7 February 1922, Page 8
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