NEW ZEALAND MARKET REPORT

Summary

Market stabilises.

Comment

North Island only selling this week with an offering of 6,300 bales.

Selection consisted of 20% crossbred fleece good to average colour, 34% crossbred second shear, mainly good colour, 22% crossbred lambs, good colour, 21% associated oddments and 3% miscellaneous types.

A generally flat market with only average style fleece wool showing good competition and posting small gains across the board.  Oddments showed a negative sentiment as customers start to pull back from the high prices seen over the last two months.  Main buyers were China, Europe and the United Kingdom with good support from the Australasian market and Subcontinent.

Fleece

Crossbred fleece good colour firm

Average colour sellers favour.

Shears

Crossbred shears firm to sellers favour.

Lambs

Crossbred lambs tending buyers favour.

Oddments

Oddments up to 3% cheaper.

Passings

1% Passed In.

Next Auction

South Island only selling with an offering of 6,800 bales Thursday 9th April 2026.