Prices for most styles of wool lifted slightly at a sale in Christchurch on Thursday.
The new season's hogget wool offering attracted strong competition, reflecting not only the excellent quality and presentation of wool but also the firm Chinese demand for those types, PGG Wrightson wool auctioneer Dave Burridge said.
Good-style fleece (31 to 35 micron) increased 1%-3%, while good-style full-length crossbred fleece (35 to 39 micron) lifted 1%-2%.
Second shear fleece (75mm to 125mm) was up 2%, crossbred oddments lifted 2%-4% and mid micron wool sold 2% dearer.
A very good offering of merino wool attracted keen interest from Italian buyers, Roger Fuller, from Elders Primary Wool, said.
There was good demand from a full bench of buyers for finer than 17 micron and coarser than 18 micron wool.
Prices for 17 to 18 micron wool eased on the back of that market easing in Australia this week.
Growers should be "well satisfied" with prices, compared with 12 months ago. Quality and soundness was a feature of the merino clip coming forward, Mr Fuller said.
A range of prices. - S.G. Stevenson (Middlemarch), eight bales Romney hogget, 31.3 micron, 78.1% yield, 569 greasy, 728 clean; Eweburn Station (Otago), eight bales crossbred hogget, 30.5 micron, 74.8% yield, 564 greasy, 754 clean, and 13 bales crossbred 2-tooth, 33.4 micron, 77.8% yield, 542 greasy, 697 clean; Dunstan Peaks (Omarama), six bales medium merino, 18.4 micron, 73.4% yield, 1611 greasy, 2194 clean; Mt St Bathans (Central Otago), two bales extra fine merino, 16.2 micron, 72.1% yield, 2500 greasy, 3467 clean, and 12 bales medium merino, 18.4 micron, 73.2% yield, 1570 greasy, 2144 clean; Home Hills Station (Central Otago), nine bales fine Polwarth, 20.4 micron, 75.4% yield, 1389 greasy, 1842 clean, and 19 bales medium Polwarth, 21.6 micron, 75.2% yield, 1280 greasy, 1702 clean; Minaret Station (Wanaka), 22 bales crossbred second-shear AA, 36.2 micron, 84.5% yield, 490 greasy, 580 clean; D.B. and J.W.S. Kinney (Ranfurly), 23 bales medium Corriedale AA, 29.7 micron, 72.6% yield, 565 greasy, 778 clean; J.D.S. Duncan (Ranfurly), 54 bales Romney AA, 38.9 micron, 78.6% yield, 531 greasy, 660 clean; A.P.S. Heckler (Palmerston), nine bales crossbred hogget AA, 31.8 micron, 70.5% yield, 574 greasy, 722 clean; Linnburn Station (Ranfurly), 11 bales fine halfbred AA, 24.3 micron, 77.8% yield, 921 greasy, 1184 clean.
