NEW ZEALAND MARKET REPORT

Summary

No wool sales in New Zealand.

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.

NEW ZEALAND MARKET REPORT

Summary

There were no fine wools on offer in New Zealand this week.

Comment

This week’s Christchurch sale had no fine wools in the selection.

NEW ZEALAND MARKET REPORT

Summary

Useful selection of finer wools on offer.

Comment

New Zealand had a very useful selection of finer wool on offer today.  Wools were well competed for although prices reflected a level of uncertainty in the market with technical issues affecting the Australian market as well as locally.

NEW ZEALAND MARKET REPORT

Summary

No fine wools on offer

Comment

Again there were no fine wools on offer this week in New Zealand as the brokers are holding their finer wools to sell next week.

NEW ZEALAND MARKET REPORT

Summary

No fine wools on offer

Comment

There were no fine wools on offer this week.  The market however struggled under the shadow of the issues in China.

NEW ZEALAND MARKET REPORT

Summary

First South Island sale for the 2020 year.

Comment

There were practically no fine wools on offer at the first South Island sale for 2020.  The offering as dominated by crossbred wools which were generally easier/buyers favour.

NEW ZEALAND MARKET REPORT

Summary

Again extremely limited selection of finer wools.

Comment

As we reach the end of the year there were very few fine wools on offer at this weeks sale in Christchurch.  Again too few to quote with any meaning.

Merry Christmas and Best Wishes for the New Year.

NEW ZEALAND MARKET REPORT

Summary

Extremely limited selection of finer wools.

Comment

There were very few fine wools on offer at this weeks sale in Christchurch.  Too few to quote with any meaning.

NEW ZEALAND MARKET REPORT

Summary

Market eases on the back of a limited selection.

Comment

In what can only be described as a very limited offering the New Zealand fine wool market fell this week in comparison to the last sale held in Christchurch.  Fine wools fell between 3 and 8%.  Halfbreds also fell this week by a similar amount.  Again the selection was extremely limited.  Bidding was still competitive but at a lower level.

NEW ZEALAND MARKET REPORT

Summary

Market stronger.

Comment

The auction today was held at the Canterbury A&P Show today allowing the opportunity to showcase the auction process to growers and other show attendees some of which will never have witnessed a wool auction before.  The New Zealand fine wool market was much stronger when compared to the last sale held in Christchurch.  There was a good selection of wools 14.0 micron through to 22.0 micron.  While there was a significant proportion of hogget wools there were also some excellent adult wools on offer.  The fine wool market when compared to the last sale held in New Zealand was between 3 and 10% dearer.  Finer wools less than 17.5 micron were betwen 5-10% dearer.  18.0 to 19.5 micron were up to 5% dearer.  There was excellent competition with a full bench operating across all fine wools with spirited bidding.