NEW ZEALAND MARKET REPORT - The Schneider Group

Summary

Market quieter.

Comment

South Island only selling this week offering 8,600 bales. The selection consisted of 38% crossbred fleece bulk 75/150mm average style, 12% crossbred second shear bulk 75mm/100mm good style, 22% lambs fleece, 30-31 micron 75mm good style, 18% associated oddments and 10% miscellaneous types. A more subdued tone today with buyers being more selective. Good style wools were in demand while poorer style wools were discounted. Australasian carpet mills, Indian Sub Continent main with support from Europe and the United Kingdom.

Fleece

Good colour crossbred fleece firm.

Average colour 4% cheaper.

Second Shears

Good colour crossbred shears firm.

Lambs

Fully firm.

Oddments

All descriptions buyers favour.

Passings

20% passed in.

Next Auction

North Island only offering 7,950 bales Thursday 2nd June.