Cut with care
OPINION: The new government has clearly signalled big cuts across the public service.
The strong dollar, restricted off-shore interest and high volumes of one wool category on offer this week saw local prices ease.
The Commerce Commission has approved Cavalier Wool Holdings' (Cavalier) application to acquire NZ Wool Services International's (NZWSI) wool scouring business and assets.
John Dawson, CEO of NZWSI, reports that the South Island sale this week saw a strong market with steady support.
John Dawson, CEO of NZWSI, reports that the South Island sale this week saw a strong market with steady support.
A firming NZ dollar and more reserved overseas buying combined to lower most prices at this week’s wool auction, says NZWSI.
A weakening New Zealand dollar and steady offshore buying saw all wool types improve for the latest South Island wool auction, reports NZWSI.
The 7,500 bales of North Island wools on offer this week saw a 97% clearance and a generally dearer market, reports NZWSI marketing executive, Malcolm Ching.
NZWSI’s general manager, John Dawson says that a continuing upward trend at today’s South Island wool sale saw prices increase.
What's “hot to trot” in fashion and trends can have a big impact on our wool prices, says Malcolm Ching, Purelana manager with Wool Services International.
OPINION: The new government has clearly signalled big cuts across the public service.
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