SCHNEIDER NZ MARKET REPORT
Summary
Market easier.
Comment
South Island only selling today with 9,000 bales on offer. The selection consisted of 35% crossbred fleece mainly average style, 3/5″ to 4/6″, 25% lambs mainly good to average style, 15% early shorn/second shear, bulk 3″ good style, 5% mid micron fleece 23.0 to 28.0 micron, 15% oddments average/inferior style and 5% miscellaneous types.
A more dovish tone today with the bulk of the offering in favour of the buyer. The exception to this was good colour shears which were very firm. Europe and Sub Continent main, with support from Australasian carpet mills and China.
Fleece Wools
Good colour crossbred fleece 4% cheaper.
Average style fleece buyers favour.
Second Shears
Good colour shears firm.
Lambs
Finer lambs 5% cheaper.
Oddments
Crossbred oddments all descriptions buyers favour.
Passings
22% Passed In.
Next Auction
North Island offering 5,500 bales 13 May 2021.