Tuesday, April 30, 2024

Wool prices still rising

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Crossbred wools continued their price improvement at Thursday’s Christchurch sale.
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An excellent offering of pre-lamb wool met mostly firmer prices as did crossbred second shear and first lambs’ wool, PGG Wrightson South Island sales manager Dave Burridge said.

Crossbred prices included:

Full wool (good to average colour and all micron levels priced kg/clean): 31 micron, $6.05 down 24c; 32, $4.63 down 25c; 33, $4.42 up 12c; 34, $4.18 up 16c; 35, $3.66 up 15c; 36, $3.55 up 12c; 37, $3.50 up 5c; 38, $3.48 up 8c; 39, $3.42 up 5c.

Crossbred second shear: 33 micron, 3 to 4 inches, $4.18 up 41c; 2 to 3 inches, $3.02 up 17c; 35, 3 to 4 inches, $3.56 up 22c; 37, 3 to 4 inches $3.34 up 9c, 2 to 3 inches $2.92 up 11c; 39, 3 to 5 inches $3.26 up 16c, 3 to 4 inches $3.20 up 12c, 2 to 3 inches $2.95 up 15c.

Crossbred, first lambs’ wool: 15 micron, $29.60 up$2; 16, $25.88 up 90c; 17, $25.70 up 20c; 18, $24.50 down 15c; 19, $21.50 up $1.45; 20, $19.45 up $1.55; 22, $15.47 down 88c.

Mid- micron levels: 25 micron, $12.40 down 80c; 26, $11.34 down 39c; 27, $10.14 down 78c; 28, $8.35 down 78c; 29, $7.47 down 50c; 30, $7 down 25c.

Mid micron wools had a correction after a period of strong rises, especially those wools showing some fault, Burridge said.

The pass-in rate was 18%.

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