The weighted indicator for the main trading currencies decreased from 0.6314 to 0.6181, down 2.1%. The US dollar rate was down to .6520 from .6670, which meant increased prices in NZC terms, says Dawson.
Of the 5,564 bales on offer at the latest auction 5,260 sold, a clearance of 95%.
Compared to the last South Island sale on 30th July, a limited offering of Mid Micron wools 27.5 micron were 1.5% dearer, 28.5 to 30 micron were 5% dearer.
Fine Crossbred Fleece 33 and 34 micron were 3% dearer while 35 micron gained by up to 7%.
Fine Crossbred Early Shorn and Second Shear 34 to 36 micron, 3 to 4 inch and 2 to 4 inch were 1.5% dearer.
Coarse Crossbred Fleece 36 micron, good colour was up to 2.5% dearer. 36 to 38 micron, average colour was 1% dearer and 39 micron good to average, poor colour was firm.
Coarse Crossbred Early Shorn and Second Shear types 37 to 39 micron 3 to 5 inch were 1% dearer, while 36 micron 3 to 4 inch was 1.5% dearer. 38 micron and coarser 2 to 4 inch were firm and 2 to 3 inch was 2% dearer.
Crossbred Combing Oddments 36 micron and finer were 2.5 to 5% dearer and Clothing Oddments, good colour were 3.5% dearer.
The auction saw good competition with China continuing to dominate, supported by Australasia, Western Europe and the Middle East.
The next sale on 13th August comprises approximately 9,200 bales from the North Island.
