NEW ZEALAND MARKET REPORT
Both centres selling today. North Island offering 8,300 bales and South Island offering 11,800 bales this week. The selection consisted of 28% poorer style crossbred fleece, 35-38 micron 100/125mm, 38% crossbred second shear, 36-40 micron, bulk good colour 75mm, 14% lambs fleece, North Island 29-31 micron poor colour, South Island 30-32 micron, good colour, 5% halfbred fleece good/average style 22-30 micron, 17% associated oddments and 5% miscellaneous types. Good competition with Australasian carpet mills and Indian Sub Continent main. Support from Europe, the United Kingdom and China.
All descriptions very firm.
Good colour shears 75/100mm 2.5% dearer.
75mm & shorter 2.5% cheaper.
All descriptions firm.
10% passed in.
North Island only offering 8,000 bales Thursday 14th July.