NZ wool prices mixed at weekly auction

Fri, 11 Mar 2016

By Tina Morrison March 11 (BusinessDesk) - New Zealand wool prices were mixed at auction this week, ahead of the last double selling event for the season. The price for clean 35-micron wool, a benchmark for crossbred wool used for carpets and accounting for the majority of New Zealand's production, traded at $5.85 per kilogram at yesterday's South Island auction, unchanged from last week, according to AgriHQ. Lambs wool dropped for a seventh straight week, to $6.35/kg, from $6.45/kg reflecting a higher amount of coarse wool from older la...

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