SCHNEIDER NZ MARKET REPORT

Summary

Market continues to move upwards.

Comment

North Island only selling today with 7,250 bales on offer.  The selection consisted of 50% crossbred shears mainly good colour up to 3″, 15% crossbred fleece mostly average colour, 15% good style lambs fleece, 15% oddments all descriptions and 5% miscellaneous types.

The auction maintained its upward momentum continuing on from last weeks positive sentiment.  United Kingdom, China and Indian Sub Continent main, with support from Australasian carpet mills and Europe.

Fleece Wools

All styles 5% dearer.

Second Shears

All descriptions 5% dearer.

Lambs

Lambs 3% dearer.

Oddments

Crossbred oddments all descriptions up 8%.

Passings

3% Passed In.

Next Auction

South Island only offering 5,500 bales 3 June 2021.