New Zealand Market Report (28 July 2022)

New Zealand Market Report (28 July 2022)

North Island only selling this week with 9,700 bales on offer.  Market dearer again except good colour fleece.

The selection consisted of 70% crossbred second shear 36.0 to 38.0 micron good style 75/100mm, 10% crossbred fleece 36.0 to 40.0 micron mainly average colour, 15% associated oddments and 5% miscellaneous types.  Good competition with the Indian Sub-Continent, supported by Europe, the United Kingdom and Australasian carpet mills.

Fleece: Good colour up to 5% cheaper. Poorer colour 5% dearer.

Second Shears: Good colour shears very firm. Poorer colour 5% dearer.

Oddments: All descriptions up to 4% dearer.

Passed in: 5% passed.

Next Auction: South Island only offering 5,800 bales Thursday 4th August.

Source: by Helen Cameron, The Schneider Group