Friday, 09 March 2012 09:13

Dollar drop lifts wool prices

The North and South Island Wool auction comprising 26,000 bales saw a firm to dearer market with a 90.3% clearance, New Zealand Wool Services International Ltd's marketing executive, Malcolm Ching says.

Published in General News
Friday, 02 March 2012 10:01

Wool market strengthens

A South Island offering of 8400 bales saw a generally firmer market this week and an 89% clearance rate, says New Zealand Wool Services International Ltd's marketing executive, Malcolm Ching.

Published in General News
Wednesday, 08 February 2012 11:03

WSI ahead of budget

An after-tax profit of $1.08 million for the six months to December 31, 2011, is ahead of budget, says New Zealand Wool Services International Ltd (WSI).

Published in General News
Thursday, 02 February 2012 15:47

Dollar dumps on wool

The rising New Zealand dollar being toyed with on the international currency market is driving local wool values down, says New Zealand Wool Services International Ltd's general manager, John Dawson.

Published in General News
Tuesday, 24 January 2012 11:28

Wool price under seasonal pressure

Wool prices are under pressure as large volumes of New Zealand wool comes on to the markets during January to March, says Cedric Bayly, general manager of PGG Wrightson Wool.

Published in General News
Monday, 23 January 2012 11:17

Most of us prefer wool, survey finds

TO MOST New Zealanders, wool carpet feels better than synthetic, a survey by Colmar Brunton on behalf of carpet maker Cavalier Bremworth, has found.

Published in General News
Thursday, 22 December 2011 12:03

Currency keeps wool on the slide

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.

Published in General News
Friday, 16 December 2011 09:14

Wool falls again, despite dollar drop

WOOL PRICES at yesterday’s (December 15) auction were 2-4% down on last week’s sale, which also saw a drop of about 4% overall.

Published in General News
Friday, 09 December 2011 10:06

Euro worries see wool back 4%

CONCERNS OVER Europe’s economy has hit wool consumer and processor confidence, making many buyers stand out of the market, says Wool Services International.

Published in General News
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