SCHNEIDER NZ MARKET REPORT
Market continues to soften.
North Island only selling today with 5,800 bales on offer. The selection consisted of 25% crossbred fleece mainly average style, 3/5″ to 4/6″, 20% lambs good to average style, 35% early shorn/second shear, bulk 3″ good style, 15% oddments average/inferior style and 5% miscellaneous types.
A continued softer tone today with the bulk of the offering in favour of the buyer. The exception again being good colour shears and fleece wool which were fully firm. Europe and Sub Continent main, with support from Australasian carpet mills and China.
Good colour crossbred fleece fully firm.
Average style fleece buyers favour.
Good colour shears fully firm.
Lambs 2% cheaper.
Crossbred oddments all descriptions firm to buyers favour.
11% Passed In.
South Island offering 8,900 bales 20 May 2021.