A quality offering of wool from all breeds attracted a "strong and buoyant" market at last week's South Island wool sale in Christchurch, PGG Wrightson Wool South Island auction manager Dave Burridge said.
Compared with the sale two weeks earlier, there were significant lifts and clearances for all wool types.
Having a dominant Australian wool-exporting company on the bench provided the "extra urgency in the room", particularly in mid-micron and merino wools, he said.
Crossbred fleece prices rose up to 10 per cent while mid-micron halfbred fleece (28 micron) was up 15 per cent and halfbred hogget (23 micron) was up 18 per cent. Merino fleece (18 micron) rose 12 per cent and hogget (16 micron) was up 11 per cent.
