NEW ZEALAND MARKET REPORT
Market firm with fleece tending dearer.
North Island only selling today with 7,200 bales on offer. The selection consisted of 35% crossbred second shear/early shorn mainly average colour 75/100 mm, 40% crossbred/hogget fleece average colour 75/100mm, 12% good colour lambs 28.0 to 30.0 micron, 10% associated oddments and 3% miscellaneous types. Indian subcontinent main with support from China and local carpet mills.
Good style crossbred and hogget fleece 3.5% dearer.
Poorer style crossbred fleece firm.
Crossbred second shear firm.
Lambs fleece firm.
All descriptions firm.
10% passed in.
North Island offering 6,000 bales, South Island offering 8,600 bales Thursday 26th January.