NEW ZEALAND MARKET REPORT - The Schneider Group

Summary

Market generally firm.

Comment

North Island only selling today with 5,800 bales on offer. The selection consisted of 51% crossbred ewe/hogget fleece second shear, 31-38 micron good colour bulk 75mm, 15% crossbred ewe fleece, average colour bulk 75/125mm, 10% hogget fleece, 32-35 micron, good colour, 75/125mm, 5% lambs, 18% associated oddments and 1% miscellaneous types. Good competition in a limited offering. Indian sub-continent and China main competition with support from Europe, the United Kingdom and local carpet mills.

Fleece

All descriptions tending sellers favour.

Shears

All styles buyers favour.

Oddments

Fully firm.

Passings

4% passed in.

Next Auction

Last auctions for the year selling 14th December. North and South Island offering 4,500 bales each.