Saibosi partners with Wools of New Zealand to showcase farm-to-floor wool rugs in China
Chinese textile company Saibosi has partnered with Wools of New Zealand to put the 'farm to floor' story of New Zealand wool rugs on screen for its customers.
There was an 88% clearance. The weighted indicator for the main trading currencies strengthened 0.68% with market demand overriding this potentially negative influence.
Dawson says merino fleece followed the Australian market trend over recent sales, increasing 10% to 15%. Mid micron fleece 24.5 to 26 micron was less in demand, easing by 1% to 2% with 26.5 to 31.5 micron firm to 3% stronger.
Fine crossbred full fleece came under strong competition with prices generally 5% to 7.5% dearer. Fine Crossbred 3/5 and 3/4 inch shears were also strongly contested, lifting 6% to 10%. The shorter types barely changed.
Good colour coarse crossbred fleece were 3% to 5% dearer with average styles firm to 2% dearer. Coarse Long Second Shears were 3% to 5% firmer with shorter types generally 5% to 9% stronger.
Strong competition from China and India was supported by Western Europe, Middle East, United Kingdom and Australasia.
The next sale on November 1 comprises a reduced volume of about 6800 bales of North Island wools.
