NZ wool prices mixed amid weak, volatile demand

Fri, 07 Oct 2016

By Tina Morrison Oct. 7 (BusinessDesk) - New Zealand wool prices were mixed at the latest weekly auction amid targeted buying, as demand remains soft so far this season. The price for 25-micron merino wool at yesterday's South Island auction advanced to $11.30 per kilogram from $11.20/kg at the previous comparable South Island auction two weeks ago, although it's 7 percent below the same period last year, according to AgriHQ. Coarser mid-micron wool declined, with 29-micron wool sliding to $6.70/kg from $7.30/kg at the previous comparable...

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