Displaying items by tag: wool

The 7800 bales of North Island wool on offer this week saw a 92% clearance with a firm market for the finer crossbred wools and lower levels for the coarser sector, NZ Wool Services International Ltd's marketing executive Paul Steel says.

The combined North and South Island sale comprising 14,100 bales saw a 91.2% clearance with an overall firm market tone, says NZ Wool Services International Ltd's general manager, John Dawson.

The 10,600 bales of South Island wools on offer this week saw a generally solid market and an 82% clearance, New Zealand Wool Services International Ltd's general manager, John Dawson says.

The 9500 bales on offer at this week's North Island sale saw a 93% clearance with a generally firm market, says New Zealand Wool Services International Ltd's general manager John Dawson.

Wool is on the cusp of a renaissance that will kick off Monday in the presence of the Prince of Wales, says Federated Farmers.

There is still steady demand and a general underlying strength to the wool market, says John Dawson, general manager, New Zealand Wool Services International Ltd.

Farmers are counting down the days to when major shareholdings in New Zealand Wool Services International (NZWSI) will be on-sold by the receivers.

Increased activity from China and India helped lift some wool sector prices significantly for the 11,700 bales on offer this week, New Zealand Wool Services International Ltd's general manager, John Dawson reports.

STRATEGY SHOULD come before structure for new proposals to get the crossbred wool industry on its feet, chief executive of the New Zealand Merino Company Ltd, John Brakenridge, says.

A full cross-section of wool types from the 12,800 bales on offer attracted solid interest with 79% selling, reports New Zealand Wool Services International Ltd's general manager, John Dawson.