NEW ZEALAND MARKET REPORT

Summary

Market generally firm.

Comment

North Island only selling today with 8,700 bales on offer.  Selection was made up of 15% average/poor colour crossbred fleece, bulk 75/150mm, 46% good/average colour crossbred second shear bulk 75mm, 20% average colour crossbred lambs 29-31 micron, 15% associated oddments and 4% miscellaneous types.  Indian sub-continent and local carpet mills main, supported by China, Europe and United Kingdom.

Fleece

Poorer style buyers favour.

Shears

Good style firm.

Lambs

All lambs firm.

Oddments

All descriptions firm.

Passings

6% passed in.

Next Auction

South Island only offering 5,800 bales, Thursday 8th June.