Market firm with good demand

A high percentage of lambs wool was on offer at the wool sale in Christchurch last week, with the balance crossbred fleece and second shear wools.

There was good demand for lambs wool and good colour crossbred and second shear wool and the market was firm to slightly dearer compared with the previous sale, Roger Fuller, of Elders Primary Wool, said.

With the dry conditions, growers would be shearing earlier, which could affect wool supply later on, he said.

China dominated the buying, supported by Australia, New Zealand, Western Europe, India, the Middle East and the United Kingdom.

 

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