Displaying items by tag: wool
THE NORTH ISLAND sale of 6,600 bales continues the upward trend in the wool market, New Zealand Wool Services International Ltd's general manager, John Dawson reports.
A giant 1,018m² rug made with more than 3,000kg of pure New Zealand wool is headed for the Guinness Book of Records as the largest single-piece rug ever made.
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.
The local market lifted significantly for the 10,400 bales on offer at the South Island sale this week, NZ Wool Services International Ltd's general manager, John Dawson says.
A slightly weaker NZ dollar, restricted wool supply and recent dearer wool markets in other countries aided the lift for most types at this weeks' South Island auction, says WSI's marketing executive, Paul Steel.
The 15,000 bales of South Island wool on offer this week saw an 82% clearance and a generally dearer market overall, fully recovering from the previous weeks' North Island softer sale on April 18.