17 Sep 2010

Wool prices mixed at sales

7:31 am on 17 September 2010

Wool prices were mixed at this week's North and South Island sales.

Wool Services International says prices for coarse wools continue to climb, fetching up to 4.5% more.

But it says that the first significant offering of mid micron fleece was 1.5% to 3.5% cheaper, and that merino wools fetched up to 7% less.

Fine crossbred fleece and shears were generally firm, but some lines eased by up to 2.5%.

Nearly 90% of the more than 8000 bales on offer sold.

Next week's auction has been cancelled due to a lack of supply.