Displaying items by tag: auction

THE SOUTH Island auction this week comprising 6100 bales saw an 86% clearance and a generally solid market overall, NZ Wool Services International general manager, John Dawson, reports.

THE NORTH Island wool auction generally remained firm to only slightly easier despite local and overseas expectations of a much weaker market.

A SLIGHTLY easier New Zealand dollar, limited wool supply and steady shipping demand combined to lift prices across the board at the South Island sale, New Zealand Wool Services International Ltd's general manager, John Dawson reports.

THE LIMITED offering of 6000 bales of South Island wool on offer saw a 90% clearance with most types increasing 2 to 4%, New Zealand Wool Services International 's general manager John Dawson reports.

DESPITE a resurgent New Zealand dollar, the South Island offering of 11,500 bales saw most types range from firm to 3% dearer, NZ Wool Services International Ltd's general manager, John Dawson, reports.

NEW ZEALAND Wool Services International Ltd's marketing executive, Paul Steel says a volatile New Zealand currency during the auctions and restricted interest from some markets saw prices ease for the combined North and South Island auctions.

Apart from a small selection of mid micron wools, all other types at the South Island sale were between 1 and 4% dearer, New Zealand Wool Services International Ltd's general manager, John Dawson, says.

The 7000 bales of South Island wools on offer this week saw a slightly easier market overall with an 82% clearance, reports NZ Wool Services International Ltd's general manager, John Dawson.

The first South Island sale for the 2013/14 season saw small movements each way, but an overall firm market with an 89% clearance of the 8100 bales on offer, NZ Wool Services International Ltd's marketing executive, Paul Steel says.

The 7400 bales on offer in the North Island today saw strong demand due to the lack of wool as a result of drought and in particular in the South Island wet weather conditions delaying shearing.