FUHRMANN NZ MARKET REPORT

Summary

Market generally firm, shears easier.

Comment

North Island only selling today with 9,525 bales on offer.  The selection consisted of 20% good/average colour crossbred fleece/early shorn wool, 34.0 to 39.0 micron, 50% second shear, mostly good colour with bulk of the length +/-3″, 15% end of season combing lambs 30.0 to 31.0 micron tending average colour and 15% associated crossbred oddments.  With a stronger buyer sentiment, the market was relatively widespread with most sectors operating.

Fleece Wools

Crossbred fleece and early shorn all styles very firm.

Second Shears

All descriptions trending buyers favour.

Lambs

Good/average colour very firm.

Oddments

Clothing oddments very firm.

Passings

6% Passed In.

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South Island only offering 10,550 bales on 16 July 2020.

FUHRMANN NZ MARKET REPORT

Summary

Market mixed.

Comment

South Island only selling today with 7,000 bales on offer.  The selection consisted of 40% good/average colour crossbred fleece, 34.0 to 38.0 micron, 20% second shear good colour generally 3/4″ to 3/5″, 20% end of season combing lambs 30.0 to 31.0 micron, 15% associated oddments and 5% new season halfbred fleece good colour, 23.0 to 30.0 micron.  Competition was reasonably widespread with most sectors operating.

Fleece Wools

Good colour crossbred fleece buyers favour.

Poorer style crossbred fleece 2.5% cheaper.

Halfbred fleece in a limited selection up to 5% dearer.

Second Shears

Generally firm.

Shorter styles finished slightly dearer.

Lambs

Combing lambs 2.5% cheaper.

Passings

20% Passed In.

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North Island only offering 9,00 bales on 9 July 2020.

FUHRMANN NZ MARKET REPORT

Summary

Market generally eases.

Comment

North Island offered 7,600 bales and South Island offered 8,300 bales today.  The selection consisted of 65% good/average colour crossbred second shear and fleece wool, 34.0 to 38.0 micron, 10% end of season lambs, generally average colour with some good colour in the South Island, 10% new season halfbred fleece good colour and the balance made up of associated fleece, shears and lamb oddments, mostly average/poor colour.  The combined North Island and South Island auctions started on a softer note with most crossbred types struggling to remain firm from last weeks levels.  However the sale finished with crossbred fleece and shears, buyers favour and good colour shears remaining firm.  Crossbed hoggets dropped 2%, but oddments bucked the trend and increased 1%.  The first offering of halfbred fleeces came right back in line with the current Australian auction prices.  This resulted in a number of growers anticipating the drop and withdrawing prior to the start of the day or generally passing their lines in.  Again competition was limited to Europe and China, but well supported by the Australasian mills and the Sub-Continent.

Fleece Wools

Crossbred fleece buyers favour.

Crossbred hoggets down 2%

Second Shears

Crossbred shears buyers favour.

Good colour shears firm.

Oddments

All descriptions up to 1% dearer.

Passings

13% Passed In.

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New season – South Island offering 6,900 bales on 2 July 2020.

FUHRMANN NZ MARKET REPORT

Summary

Market fully firm by the end of the sale.

Comment

North Island only offering 7,600 bales today.  The selection consisted of 60% good/average second shear and early shorn fleece 34.0 to 38.0 micron, 10% good/average colour fleece wool, 35.0 micron & coarser, 15% end of season lambs, generally average colour with the balance consisting of associated fleece, shears and lamb oddments, mostly average/poor colour.  This week’s auction started slowly on the crossbred shears and early shorn fleeces with an early dip in the market, however as the auction progressed, buyers started to compete strongly and the market finished the day fully firm on last weeks levels.  The majority of growers opted to meet the market with only 4% passed in.  China and Europe were the main buyers with good support from local/Australasian  mills and the Sub-Continent.

Fleece Wools

Small selection in demand, finishing firm.

Second Shears

Finished fully firm.

Oddments

All descriptions sellers favour.

Passings

4% Passed In.

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North Island offering 9,000 bales and South Island offering 8,400 bales on 25 June 2020.

FUHRMANN NZ MARKET REPORT

Summary

Market reasonably firm.

Comment

South Island only offering 8,000 bales today.  The selection consisted of 40% good/average colour ewe fleece, 34.0 to 38.0 micron, 30% good/average colour second shears and hoggets, 31.0 to 38.0 micron with the balance consisting of associated fleece, shears, lamb fleece and oddments, mostly average colour  This week’s auction prices moved within a small price range with the pressure easing slightly on the better colour fleeces with a drop of 2%.  The offering of shears and hoggets remained very firm throughout the day.  The only notable rise in price was the poorer colour fleeces finishing up 2% having started out the day slightly neglected.  Crossbred oddments lifted also to finish up 5%.  China and Europe were the main competitors with good support from the Australasian  carpet mills.

Fleece Wools

Better colour fleece down 2%.

Hogget fleece firm.

Poorer colour up 2%.

Second Shears

Good/Average colour shears firm.

Oddments

All descriptions up to 5% dearer.

Passings

20% Passed In.

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North Island offering 7,000 bales on 18 June 2020

FUHRMANN NZ MARKET REPORT

Summary

Market struggles.

Comment

North Island only offering 7,000 bales today.  The selection consisted of 20% good/average colour ewe fleece, 34.0 to 38.0 micron, 50% good/average colour second shears, 35.0 to 38.0 micron with the balance consisting of associated fleece, shears, lamb fleece and oddments, mostly average colour  This week’s auction followed the same trend as last weeks South Island auction with some pressure on a small offering of good colour fleeces and early shorns showing very firm levels.  The larger volume of second shear lines however eased back again to buyers favour for both good and average colour.  Oddments were neglected on the day with a relatively small offering up to 5% cheaper.  Competition across most sectors with Europe beginning to show interest and well supported by China Australasian mills and the Sub-Continent.

Fleece Wools

Good/Average colour types firm.

Second Shears

Good/Average colour shears tending buyers favour.

Oddments

All descriptions up to 5% cheaper.

Passings

22% Passed In.

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South Island offering 8,000 bales on 11 June 2020

FUHRMANN NZ MARKET REPORT

Summary

Market relatively stable.

Comment

The New Zealand sales followed on with the first South Island offering post lockdown 7,000 bales for sale.  The selection consisted of  good/average colour ewe fleece, 34.0 to 38.0 micron, mainly good colour second shears, 35.0 to 38.0 micron and associated fleece, shear and lamb oddments.  Even with a reduced demand for most types, the auction prices remained relatively firm.  66% of growers met the market with 34% passed in.  Most of the competition was again from China and the Australasian mills, and still very little coming from Europe, United Kingdom and South East Asia.

Fleece Wools

Average colour types up to 1.5% dearer.

Second Shears

Crossbred shears tending buyers favour.

Oddments

All descriptions very firm.

Passings

34% Passed In.

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North Island offering 7,000 bales on 4 June 2020

FUHRMANN NZ MARKET REPORT

Summary

Market cheaper post lock down.

Comment

The New Zealand sales resumed today for the first time since 19 March with the North Island only offering 7,000 bales.  The selection consisted of 10% good/average colour ewe fleece, 34.0 to 38.0 micron, 40% good colour second shears, 35.0 to 38.0 micron, 25% lambs fleece, 29.0 to 31.0 micron, 15% associated fleece, shear and lamb oddments.  Despite the heavily reduced market demand and anticipated drop in auction prices, the auction showed a good measure of resilience to keep any drop as small as possible.  Of the wool on offer 64% of growers met the market and 36% was passed in.  Most of the competition was from China and the Australasian mills, with very little coming from Europe, United Kingdom and South East Asia.

Fleece Wools

All descriptions generally 15% cheaper.

Second Shears

Crossbred shears 25% cheaper.

Lambs

All descriptions generally 20% cheaper.

Oddments

All descriptions 30% cheaper.

Passings

36% Passed In.

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South Island offering 7,000 bales on 28 May 2020

FUHRMANN NZ MARKET REPORT

Summary

No wool sales in New Zealand this week.

Comment

Due to the Covid-19 virus, the New Zealand government has introduced an Alert Level 4.  This level means that all non-essential businesses are closed and we are working from home where possible.  All movement from Brokers Woolstores to Woolscours and Dump Stores has been affected with these operations also closed.  As a consequence all wool auctions have been cancelled in both the North and South Island until further notice.

We hope in these uncertain times you and your families are keeping safe.

FUHRMANN NZ MARKET REPORT

Summary

Market generally softens.

Comment

South Island only today offering 6,400 bales this week.  The selection consisted of 45% good/average colour ewe fleece, 34.0 to 38.0 micron, 15% good colour second shear, 35.0 to 38.0 micron, 25% lambs fleece, 29.0 to 31.0 micron, 15% associated fleece, shear lamb oddments.  Most types softened slightly with the strongest competition from South East Asia and the Australasian carpet mills.

Fleece Wools

Good colour ewe fleece buyers favour.

Average colour ewe fleece fully firm.

Second Shears

Good colour buyers favour.

Lambs

All microns generally 5% cheaper.

Oddments

All descriptions buyers favour.

Passings

25% Passed In.

Next Auction

North Island offering 10,400 bales on 26th March.