New Zealand Wool Market Report (29 July 2021)
Market continues to rise for coarser types. South Island only offering 8,200 bales. The selection consisted of 48% crossbred fleece good/average colour, 15% crossbred second shear, bulk good style 75mm, 7% lambs fleece average/good style, 3% merino fleece, 10% halfbred fleece good style 24.5micron and coarser, 13% associated oddments and 4% miscellaneous types. Keen widespread competition with Indian Sub Continent and United Kingdom main supported by Europe, China and Australasian carpet mills.
Fleece: Better style crossbred fleece firm. Poorer style crossbred fleece 4% dearer. Halfbred fleece 25.5 micron and finer 5% cheaper. Halfbred fleece 26.0 micron and coarser up to 7.5% dearer.
Second Shears: Good colour sellers favour.
Lambs: 7.5% dearer.
Oddments: Combing oddments sellers favour. Clothing oddments buyers favour.
Passings: 5% Passed In.
Next Auction: North Island only offering 6,600 bales Thursday 5th August.
Source: Schneider NZ