FUHRMANN NZ MARKET REPORT

Summary

Market firm tending buyers favour, with the exception of finer lambs which were dearer.

Comment

South Island only today offering 5,300 bales this week.  The selection consisted of 50% average colour ewe fleece, 34.0 to 38.0 micron, 17% good colour second shear, 35.0 to 38.0 micron, 19% lambs fleece, 29.0 to 31.0 micron, 10% associated oddments and 4% miscellaneous types.  Widespread competition with most sectors operating.  China main, with support from South East Asia, United Kingdom, Europe and Australasian carpet mills.

Fleece Wools

Average colour ewe fleece buyers favour.

Second Shears

All descriptions firm.

Lambs

28.5 micron & finer 3.5% dearer.

29.0 micron and coarser 2% cheaper.

Oddments

All descriptions firm.

Passings

20% Passed In.

Next Auction

South Island offering 6,400 bales, North Island offering 13,300 bales on 12th March.