Thursday, April 18, 2024

Hogget wool plays catch-up

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Finer hogget wools rose in price at Thursday’s Napier wool sale.
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It is a positive sign for the market because till now these traditionally well-sought-after fleeces had not attracted a premium this season, PGG Wrightson’s North island auctioneer Steve Fussell said.

The auction was steady with most types selling at similar levels to the previous sale a fortnight earlier.

Longer, finer wool destined for European markets was slightly firmer. Second-shear wools were mostly slightly cheaper. Oddments retreated in price, mainly because of poorer quality.

Sales, full wool, good-to-average colour: 32 micron, $3.56kg/clean, down 12c; 33, $3.69, steady; 34, $3.02, steady; 35, $3.07, down 13c; 36, $2.77, steady. Crossbred second shear: 33 micron, 2-3 inches, $2.75/kg clean, steady; 35, 3-4 inches, $2.80, steady; 2-3 inches, $2.51, steady;  37, 3-4 inches, $2.68, down 5c; 2-3 inches, $2.50, steady; 39, 3-5 inches, $2.78, up 13c; 3-4 inches, $2.70, down 3c; 2-3 inches, $2.50, down 5c. 

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