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

Building the 'Tesla of milk'

A new era of growth is unfolding in New Zealand’s biggest market and we are in the box seat to cash in, according to China market expert Jane Li.

Victoria dairy sector leads the nation

A new report has revealed that in 2020-21 Victorian farmers experienced the best financial returns in more than six years as the sector continues to innovate and excel.