OFFICIAL NATIONAL WOOL SALE REPORT
ISSUED BY WOOLPRO
NAPIER 30 MAY 2002

OVERVIEW:

Napier: Quotations eased as the market continued to adjust to the upward currency movement.

The Final Indicators moved as follows:

Strong Indicator 436 cents, down 16 cents from 452 cents on the 23 May 2002.
 

OFFERING: Bales: 8,438
Clean tonnes: 1,110

 

COMPOSITION

0.0% Specialty Fleece

0.0% Merino Fleece

0.4% Halfbred Fleece

4.6% Crossbred Fleece

0.4% Cotts

73.3% Second Shear

3.5% Lambs

0.6% Crutchings

0.0% Bulky Skirtings (Fine)

0.7% Bulky Skirtings (Crossbred)

13.8% Second Shear Bellies and Pieces

0.1% Second Pieces and Lox

The balance is made up of miscellaneous wools.

Passings of wool which failed to meet growers price reserves amounted to 10 %.

 

PRICE COMPARISONS

FOR THE NAPIER SALE

Compared to Christchurch 23 May 2002 Final

Fleece

37/40 micron

Nominally 2/4% cheaper

 

 

 

Second shear

75/125mm & 75/100mm

2/3% cheaper

 

50/100 & 75mm

5/6% cheaper

 

50/75 & 25/75mm

8/10% cheaper

 

 

 

Second shear oddments

Average/Poor

2.5% cheaper

 

Poor

5% cheaper

 

 

 

1st lambs

 

Nominally 2.5% cheaper

 

 

 

2nd lambs

Average/Poor

Nominally 5/7.5% cheaper

PRINCIPAL BUYERS: Masurel Fils (NZ) Ltd 2,127 bales, Brooksbank J S & Co Ltd - 1,952 bales, Wool Direct Exports (NZ) Ltd - 894 bales, Michell G H & Sons Pty Ltd - 698 bales, NZ Wool Services Int Ltd - 440 bales, Nissho Roberts (NZ) Ltd - 344 bales.

 

The next wool auction will be in Napier on the 13 June 2002.


The following represents average auction clean price quotations for representative types at the most recent auction sales.

WOOL MARKET PRICES TABLE TWO
(NZ cents per kilogram clean)

 

Previous Sale

Today's Sale

%

Date

23/05/02

30/05/02

 

Centre

Christchurch

Napier

 

Fine Indicator

1157

-

-

Medium Indicator

795

-

-

Strong Indicator

452

436

-3

Lamb Indicator

486

-

-

NZ$/US$ rate

0.4730

0.4766

1

NZ$/AUS$ rate

0.8487

0.8483

0

WTWI

102.0

102.3

0

 

Micron/Category

Colour
(Y-Z)

Length
(mm)

23/05/02

30/05/02

 

 

 

 

 

 

 

Halfbred/Corriedale

 

 

 

 

 

25 fleece

2.5

90

965

-

-

27 fleece

2.5

95

905

-

-

29 fleece

2.5

100

865

-

-

31 fleece

2.5

105

705

-

-

28 pieces

4.5

85

675

-

-

28 bellies

4.5

85

620

-

-

28 lox

4.0

50

320

-

-

26 lambs

1.5

50

660

-

-

28 crutchings

3.0

50

330

-

-

 

 

 

 

 

 

Crossbred Full Fleece

 

 

 

 

 

33 fleece

3.5

115

-

-

-

35 fleece

3.5

125

-

-

-

35 fleece

5.5

125

-

-

-

37 fleece

3.5

125

480

470

-2

37 fleece

5.5

125

444

443

0

39 fleece

3.5

125

470

458

-3

37 cott

6.5

125

-

-

-

35 pieces

8.5

100

354

350

-1

35 bellies

9.5

100

346

340

-2

35 lox

9.5

50

312

-

-

 

 

 

 

 

 

Crossbred Second Shear

 

 

 

 

 

33 second shear

3.5

65

-

385

-

33 second shear

3.5

50

-

380

-

35 second shear

3.5

75

-

420

-

35 second shear

3.5

65

-

-

-

37 second shear

2.5

100

-

-

-

37 second shear

5.5

100

-

-

-

37 second shear

2.5

85

442

424

-4

37 second shear

5.5

85

394

-

-

37 second shear

2.5

75

-

407

-

37 second shear

2.5

65

426

395

-7

37 second shear

5.5

65

-

-

-

39 second shear

3.5

100

432

430

0

35 bellies/pieces

9.5

65

-

302

-

 

 

 

 

 

 

Lambswool

 

 

 

 

 

28 lambs

2.0

65

-

-

-

29 lambs

2.0

65

520

-

-

29 lambs

2.5

65

515

-

-

30 lambs

2.5

65

-

-

-

31 lambs

2.5

65

-

-

-

 

More quotes are available on the Woolnet web site.

All information in this report is verified to the best of the author's ability. However, WoolPro does not accept responsibility for any loss arising from reliance on it.