NEW ZEALAND MARKET REPORT
Market tending easier.
North Island only selling this week offering 8,200 bales. The selection consisted of 52% crossbred second shear bulk 75mm average colour, 16% crossbred fleece 75/150mm average/poor colour, 17% lambs fleece, 29-31 micron average/poor colour and 15% associated oddments. Good general competition at this level with Australasian carpet mills and Indian Sub Continent main. Support from Europe and the United Kingdom.
Average colour crossbred fleece firm.
Good style crossbred shears 5% cheaper.
Poorer style crossbred shears buyers favour.
All lambs firm.
All descriptions buyers favour.
10% passed in.
South Island only offering 7,000 bales Thursday 9th June.