NZ coarse wool prices lift from lows as demand picks up

Mon, 05 Feb 2018

By Tina Morrison Feb. 5 (BusinessDesk) - Prices for New Zealand coarse wool have lifted at auction this year as the relatively low price stokes demand. Coarse wool prices have improved over the past three wool auctions, helping lift the AgriHQ coarse wool indicator 22 cents a kilogram from the first auction of 2018. In the first February auction of the year, held in the North Island, stronger wool types all lifted by between 5 and 10 cents a kilogram compared to the previous week, AgriHQ said. The nation's wool market is picking up thi...

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