NZ wool prices mixed with volumes seen declining near season end

Fri, 18 Mar 2016

By Tina Morrison March 18 (BusinessDesk) - New Zealand wool prices were mixed at auctions across both islands this week as volumes taper off in the last double selling event for the season. Crossbred second-shear wool, of between 36 to 39 microns, was generally steady to 3.5 percent cheaper at an average $5.60 per kilogram at auction yesterday compared to last week's auction, according to AgriHQ. Still, strong crossbred wool in general is 81 cents per kilogram higher than a year ago. Some 91 percent of the 18,733 bales on offer were so...

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