FUHRMANN NZ MARKET REPORT - The Schneider Group

Summary

Market rises.

Comment

South Island only offering 10,170 bales. The selection consisted of 45% crossbred and hogget fleece wool, mainly good/average colour, 10% crossbred second shear 75/100mm and shorter good colour, 10% halfbred fleece good style 22.0 to 29.0 micron good style, 8% merino fleece, 16.0 to 21.0 micron super style, 15% associated oddments and 5% miscellaneous types. Keen widespread competition with the Indian Subcontinent and Australasian carpet mills main with support from the Continent, China and United Kingdom.

Fleece Wools

Good colour crossbred fleece 5% dearer.

Average/poor style crossbred fleece 2.5% dearer.

Merino fleece up to 20% dearer.

Halfbred fleece 15% dearer.

Second Shears

75/100mm & shorter sellers favour.

Oddments

All descriptions 4% dearer.

Passings

7% Passed In.

Next Auction

North Island only, offering 6,400 bales, 1 October 2020.