fbpx
Print this page
Thursday, 03 March 2016 19:19

Wool market remains strong

Written by 
The wool market remains strong. The wool market remains strong.

The wool market in both the North and South Island continues to show resilience.

New Zealand Wool Services International Limited chief executive officer John Dawson says that new business and shipping requirements for older contracts combined to keep all types well supported.

Crossbred Fleece types ranged from 1% cheaper to 5% dearer across both Islands, as did Second Shear and Lamb types.

Good competition prevailed with China, Western Europe and Australasia dominating.

The next sale takes place on 10 March in the South Island only. It will consist of approximately 8,000 bales.

More like this

Consumers growing wool demand

In a bid to meet growing demand for its three ingredient products, Allwool limited has recently purchased a wool plant at Te Poi, in the Waikato.

Snowflakes love wool!

Perceptions of wool are changing, according to a recent study by carpet manufacturer Bremworth.