There appear to be new overseas contracts for the wool type coming to the market, which should help values at least hold current levels, PGG Wrightson North Island auctioneer Steve Fussell said.
A few lines of hogget wool also sold well.
The overall pass-in rate was 2.5%.
With large volumes of wool now coming into the stores, weekly sales will continue into mid-February before reverting to the fortnightly schedule, Fussell said.
Sales, all by micron level, price per kg clean: Full wool (good to average colour) 35 micron, $2.97; 36, $2.90; 37, $2.92; 39, $2.81, down 8c. Crossbred second shear: 37 micron, 2-to-3 inches, $2.60, down 10c; 39, 3-to-5 inches, $2.81, down 8c. Lambs’ wool: 28 micron, 2-to-3 inches, $5.94, up 4c; 29, 2-to-3 inches, $5.83, up 14c; 30, 2-to-3 inches, $5.44.
