NEW ZEALAND MARKET REPORT

Summary

Market subdued.

Comment

North Island only offering 9,500 bales.  The selection consisted of 30% crossbred fleece, average style 3/5″, 4/6″,  30% lambs mainly good to average style, 25% early shorn/second shear bulk average style and 15% oddments average/inferior style.  More subdued bidding with poorer styles discounted.  Europe & Sub-Continent main with support from Australasian mills & China.

Fleece

Average style fleece buyers favour.

Second Shears

Early shorn and second shears 4% cheaper.

Lambs

In a mixed selection up to 4% cheaper.

Oddments

All descriptions buyers favour.

Passings

7% Passed In.

Next Auction

South Island offering 7,500 bales and North Island offering 8,500 bales on 15th April.

NEW ZEALAND MARKET REPORT

Summary

Market mixed.

Comment

South Island only offering 9,200 bales.  The selection consisted of 60% crossbred fleece, good/average style 3/5″, 4/6″,  20% lambs mainly good style, 15% oddments all descriptions and 5% miscellaneous types.  Still very keen widespread competition across most sectors with buyers.  The main competition was China & Europe with good support from the Sub-Continent, local and Australasian mills.

Fleece

All styles firm to sellers favour.

Crossbred hoggets firm to buyers favour.

Lambs

Up to 5% cheaper.

Oddments

All descriptions up to 3% dearer.

Passings

22% Passed In.

Next Auction

North Island only offering 9,700 bales on 31st March.

NEW ZEALAND MARKET REPORT

Summary

Market consolidates.

Comment

South Island offering 7,300 bales and North Island offering 11,200 bales.  The selection consisted of 35% crossbred fleece, mainly average style 3/5″, 4/6″, 18% crossbred second shears average/good style bulk 3″, 32% lambs mainly good style 2/3″, 10% associated oddments and 5% miscellaneous types.  Keen widespread competition across most sectors with buyers again competing strongly for the more favourable, better colour types.  With general gains over the past two weeks the sale consolidated today and finished strongly on a positive note.

Fleece

Good style very firm.

Average style tending buyers favour.

Shears

Good style very firm.

Average style tending buyers favour.

Lambs

Buyers favour.

Oddments

All descriptions up to 5% dearer.

Passings

3% Passed In.

Next Auction

South Island only offering 9,200 bales on 25th March.

NEW ZEALAND MARKET REPORT

Summary

Market dearer.

Comment

South Island only offering 8,700 bales.  The selection was 50% crossbred fleece, mainly average style 3/5″, 4/6″, 10% crossbred second shears average/good style bulk 3″, 20% lambs mainly good style 2/3″, 10% associated oddments and 10% miscellaneous types.  Keen widespread competition with all sectors operating pushing the market up.

Fleece

Better style 10% dearer.

Average style 5% dearer.

Poorer style firm.

Shears

Better style 10% dearer.

Average style 5% dearer.

Poorer style firm.

Lambs

Up to 10% dearer.

Oddments

All descriptions very firm.

Passings

7% Passed In.

Next Auction

South Island offering 7,300 bales and North Island offering 11,200 bales on 18th March.

NEW ZEALAND MARKET REPORT

Summary

Market continues to strengthen.

Comment

North Island only offering this week with 10,500 bales available.  The selection consisted of 30% crossbred fleece, mainly average style 3/5″, 4/6″, 25% crossbred second shears average/good style bulk 3″, 30% lambs mainly good style 2/3″ and 15% associated oddments.  The market continued its strong upward trend with good demand from China/Australasian carpet mills.  Lambs look cheap for the micron with Chinese and European buyers active.  Good support from the Indian Sub Continent.  A good clearance of wool.

Fleece

Better style firm.

Poorer style 7.5% dearer.

Shears

Better style sellers favour.

Poorer style 10% dearer.

Lambs

Lambs 10% dearer.

Oddments

Combing oddments sellers favour.

Clothing oddments 8% dearer.

Passings

1.5% Passed In.

Next Auction

South Island only offering 8,700 bales on 11th March.

NEW ZEALAND MARKET REPORT

Summary

Market dearer.

Comment

South Island only offering 8,570 bales.  The selection was 40% fleece, 11% shears/hoggets, 12% lambs and 14% associated oddments.  There was also 10% halfbred fleece, 3% halfbred hogget, 7% merino and hogget fleece and 3% merino oddments.  Once again prices increased on the back of the previous weeks levels with all sectors operating.  The good colour fleece was particularly sought after.  The main competition was from the United Kingdom, Europe and China with support from the Sub Continent and local mills.  There was generally a good clearance of finer wools although some growers chose to pass in their wools at these levels.

Fleece

Good colour 10% dearer.

Average colour 10% dearer.

Shears

Crossbred second shear 8 to 10% dearer.

Lambs

Crossbred lambs 5% dearer.

Finer lambs up to 15% dearer.

Oddments

Crossbred oddments including lamb oddments 6% dearer.

Passings

7% Passed In.

Next Auction

North Island only offering 10,300 bales on 4th March.

NEW ZEALAND MARKET REPORT

Summary

Market continues to strengthen.

Comment

Both centres selling today with the South Island offering 5,520 bales and the North Island offering 10,600 bales.  The selection in the North consisted of 30% crossbred fleece, 30% shears, 30% lambs and 10% associated oddments.  In the South the selection was 50% fleece, 30% shears/hoggets, 10% lambs and 10% associated oddments.  Prices increased again this week on the back of last weeks increases with all sectors operating.  The good colour fleece was particularly sought after.  The main competition was from the United Kingdom, Europe and the Sub Continent with support from China and local mills.

Fleece

Good colour 5% dearer.

Average colour sellers favour.

Shears

Crossbred second shear 6% dearer.

Lambs

Crossbred lambs 5% dearer.

Oddments

Crossbred oddments including lamb oddments 4% dearer.

Passings

6% Passed In.

Next Auction

South Island only offering 8,500 bales on 25th February.

NEW ZEALAND MARKET REPORT

Summary

Market dearer.

Comment

South Island only offering 6,900 bales.  The selection consisted of 70% good/average colour crossbred fleece, 10% lambs good colour new season clip, 5% crossbred shears, good/average colour bulk 75mm, 13% crossbred oddments and 2% miscellaneous types.  A much more animated tone in the auction today with some spirited bidding on the more favourable better colour types pushing prices up across all types finishing on a strong note.  All sectors operating today.

Fleece

All descriptions 5% dearer.

Shears

Crossbred second shear 6% dearer.

Lambs

New season lambs 6% dearer.

Oddments

Crossbred oddments including lamb oddments 4% dearer.

Passings

8% Passed In.

Next Auction

South Island offering 4,900 bales and North Island offering 10,500 bales on 18th February.

NEW ZEALAND MARKET REPORT

Summary

Market continues to be firm.

Comment

North Island only offering 7,400 bales.  The selection consisted of 30% average colour crossbred fleece, 25% lambs good colour new season clip, 28% crossbred shears, good/average colour bulk 75mm, 15% oddments and 2% miscellaneous types.  Good competition with a generally positive sentiment and most sectors operating.

Fleece

Good colour fleeces sellers favour.

Poorer style fleece firm.

Shears

Crossbred second shear firm.

Lambs

New season lambs very firm.

Oddments

All descriptions firm.

Passings

7% Passed In.

Next Auction

South Island only offering 6,700 bales on 11th February.

NEW ZEALAND MARKET REPORT

Summary

Market again generally firm.

Comment

North Island only offering 6,500 bales.  The selection consisted of 35% bulk average colour crossbred fleece, 23% lambs good colour new season clip, 25% crossbred shears, good/average colour bulk 75mm and 17% oddments.  Widespread competition of a positive tone with most sectors operating.

Fleece

34.0 micron and finer 3/5″sellers favour.

Good colour fleece very firm.

Poorer style fleece firm.

Shears

Good colour shears very firm.

Lambs

New season lambs fully firm.

Oddments

All descriptions buyers favour.

Passings

5% Passed In.

Next Auction

North Island offering 5,100 bales and South Island offering 8,000 bales on 28th January.