Wool Sale Report – 27th January 2017

Wool prices continued there downward trend at todays South Island woolsale.Reduced demand from overseas countries as well as the impact of the Chinese New Year is creating some real concerns within the industry.With an increase in the dollar of 3% in a fortnight this did certainly not help the market today.

Lambs wool showed very little interest from exporters especially coarser than 30.5 micron.This is a concern as many lambs are yet to be shorn.

Passings were 37%

Click here to see prices from the sale

January 27, 2017