NZ wool prices mixed at weekly auction as buyers target specific fibres

Thu, 04 Aug 2016

By Tina Morrison Aug. 5 (BusinessDesk) - New Zealand wool prices were mixed at yesterday's South Island auction as buyers focused on specific wool types. Prices for mid-micron wool, which covers fibres with a thickness of between 25 to 31 microns, increased an average 1 percent compared with last week's South Island auction, with 27-micron wool rising to $9.85 per kilogram from $9.65/kg, AgriHQ said. Prices for strong crossbred wool, which includes 36 to 39 micron fibres, traded at similar levels to the previous week, with 39-micron wool...

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