NZ wool filters chosen by global air purifier maker
In a breakthrough for New Zealand wool technology, woollen air filters by local company Lanaco, will be used by Unilever-owned air purifier manufacturer Blueair.
Despite a strengthening NZ dollar, the varied selection at this week's South Island auction attracted strong support.
New Zealand Wool Services International Ltd's chief executive John Dawson reports that of the 7700 bales on offer 85% sold.
The weighted currency indicator was up 2.06% compared to the previous week's auction.
Dawson advises a selection ranging from 21 micron merinos to 42 micron coarse wools with a cross section of styles and lengths provided attractive options to buyers which overrode the possible negative impact of the stronger dollar compared to the similar South Island offering on July 14.
Mid micron fleece were well supported with increased Chinese interest, lifting 4 to 12%.
Fine crossbred fleece and shears were 2 to 3% firmer. Coarse crossbred full fleece lifted 3% for all styles with coarse shears ranging from firm to 3.5% dearer. Oddments were up 3 to 5%.
Where comparable to last week's North Island auction, levels are 4 to 7% higher.
Good competition with Australasia, Western Europe and China principals, supported by Middle East, India and United Kingdom.
The next sale on August 4 comprises about 5000 bales from the South Island.
Federated Farmers says it welcomes the announcement of extra Government support for farmers and growers in Southland and parts of Otago after the region was hit by severe wet weather.
ASB has become the first bank to forecast a milk price above $9/kgMS for this season.
The Meat Industry Association (MIA) and Beef + Lamb New Zealand (B+LNZ) say they welcome the announcement that the European Union’s Deforestation-free supply chains Regulation (EUDR) will be delayed by 12 months.
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