There was a very good offering of pre-lamb crossbred fleece, quoted up to 5% cheaper in a week, Roger Fuller, of Elders Primary Wool, said.
The situation continued to concern everyone in the industry with "no short-term fix", Mr Fuller said.
Mid-micron wool, on a limited offering, showed some positive signs, as did lamb's wool.
With larger weights to come forward, August would be a testing month for brokers and exporters as to where prices would find their level, he said.
Dave Burridge, of PGG Wrightson Wool, said there were strong signals from growers unprepared to meet newly adjusted levels, resulting in a 55% pass rate.
Buyers held back, reluctant to take further stock positions in absence of firm buying orders from customers, Mr Burridge said.
Good style fleece (31-35 micron) was down 3%-5% on the previous sale, with an average clean price of 450c/kg, while good style full-length crossbred fleece (35 to 39 micron) dropped 4%-7% at 380c.
A range of prices.-Kanuka Hill Ltd (Otago), 32 bales crossbred AA, 37.9 micron, 81.4% yield, 310 greasy, 380 clean; Limavady Ltd (North Otago), five bales crossbred AA, 35.9 micron, 74.7% yield, 292 greasy, 391 clean; G. Stewart (Otago), 12 bales Romney AA, 36.2 micron, 80.6% yield, 325 greasy, 403 clean; A. Melville (Otago), five bales crossbred lamb's, 29.2 micron, 79.6% yield, 405 greasy, 509 clean; B.R. Strachan Co Ltd (Otago), nine bales crossbred lamb's, 30.7 micron, 80.5% yield, 389 greasy, 483 clean; R.R. Botting (Otago), 28 bales crossbred lamb's, 30.3 micron, 78.2% yield, 396 greasy, 506 clean; J.A. and T.M. Pannett Ltd (Roxburgh), 28 bales crossbred 2-tooth AA, 35.3 micron, 77.4% yield, 323 greasy, 417 clean; B. R. Smollett Trust (Balclutha), 17 bales crossbred 2-tooth AA, 34.9 micron, 78.2% yield, 328 greasy, 419 clean; J.M. Crawford and Sons (Lawrence), 19 bales Perendale 2-tooth second-shear AA, 36.8 micron, 82.3% yield, 306 greasy, 372 clean; Hunter Hills Station Ltd (Kurow), four bales halfbred AA, 30.4 micron, 72.4% yield, 459 greasy, 634 clean.
