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A versatile and stylish South Island selection on offer this week saw most types well supported, despite a slightly firmer NZ dollar, says NZ Wool Services International's chief executive John Dawson.
New Zealand Wool Services International's chief executive John Dawson says a slightly easier NZ dollar and limited wool volumes combined with steadier enquiry, saw most categories well supported.
The 5100 bales of South Island wools on offer this week through the Wool Services International auction saw strong competition and a 90.5% clearance.
New Zealand Wool Services International Limited's marketing executive, Malcolm Ching, reports that wool prices have continued to decline.
New Zealand Wool Services International CEO John Dawson says the strengthened New Zealand dollar has negatively impacted at this week's South Island sale with most types easing in local terms.
John Dawson, CEO of NZWSI, reports that the South Island sale this week saw a strong market with steady support.
The lower dollar will put extra money in wool growers’ pockets but volatility in demand from China can be expected, say wool market experts.
A weaker New Zealand dollar, limited wool volumes and renewed client interest, combined to lift local prices across the board says NZWSI general manager, John Dawson.
THE NORTH Island auction this week comprised 8,315 bales, of which there was a clearance of 95%, John Dawson. New Zealand Wool Services International Ltd's general manager reports
A NEAR 2% rally in the New Zealand dollar against the main wool trading currencies was reflected in corresponding slide in prices at this week’s combined North and South Island auction, says Wool Services International.
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