The level of vegetable matter in second-shear wools is rising and a challenge for the market, PGG Wrightson’s North Island auctioneer Steve Fussell said.
Given that problem, he described the market as solid. After a quiet start activity picked once prices reached a level buyers were happy with.
Wool at combing length was in demand, as were longer oddment wools. Higher micron wools having good colour and condition also sold well, particularly the longer lengths.
The pass-in rate was 10%, above the usual Napier average.
Sales, all by micron level, price/kg clean: Full wool, good to average colour: 35, $3.45, steady; 36, $3.61, steady. Crossbred second shear: 37, 3-to-4 inches, $2.95, up 19c; 39, $2.98, up 22c.
