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The North Island offering of 5400 bales received strong support with 99% selling.
NZ Wool Services International's North Island offering of 5400 bales received strong support with 99% selling, chief executive John Dawson says.
A similar currency range to last weeks' sale on November 5 saw the weighted indicator down only 0.16% playing a minor role, with awakening Chinese interests and steady enquiry from other sectors underpinning the market.
Dawson advises fine crossbred full fleece and second shears were firm to 4.5% dearer, with the shorter types supported the most.
Coarse full fleece were also firm with shears 1 to 2.5% stronger.
Oddments were generally firm. There was strong competition with China, Australasia and Western Europe principals, supported by India, Middle East and the United Kingdom.
The next sale on November 19 comprises about 5700 bales from the South Island.
While wool returns continue in the doldrums, smart sheep farmers are looking for alternatives for a product that currently cost more to get off a sheep's back than it's worth. One such initiative is run by husband and wife team Hayden and Anastasia Tristram who farm at Wanstead in the Central Hawke's Bay. Mark Daniel reports.
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