FUHRMANN NZ MARKET REPORT

Summary

Market continues to ease for finer wools while coarser wool firmed.

Comment

South Island selling 8,500 bales and North Island offering 8,200 bales.  Total 16,700 bales on offer.  Both islands predominantly offering hogget fleece and shears 30 to 35 micron good colour.  South Island 10% merino fleece 16 to 22 micron, 15% mid micron fleece 23 to 25.5 micron.  Widespread competition with most sectors operating.  Europe main with support from China, Australasian carpet mills and India/Sub Continent.

Fleece Wools

19.0-26.0 micron generally 3% cheaper.

27.0-31.0 micron 2% cheaper.

32.0-36.0 micron fleece firm.

37.0 micron coarser fleeces sellers favour.

Second Shears

Crossbred shears very firm.

Oddments

All descriptions firm.

Passings

25% Passed In.

Next Auction

North Island only selling with 8,000 bales on offer 8th November.

Fleece Wools Summary

↓ 19.0-26.0 mic
Variation %: 3

↓ 27.0-31.0 mic
Variation %: 2

32.0-36.0 firm
Variation %:

↑37.0 and coarser
Variation %: Sellers favour

Second Shears Summary

All descriptions
Variation %: Very firm

Oddments

All descriptions
Variation %: Firm