Wool prices lifted again at this week's South Island wool sale in Christchurch, on the back of exchange rate movements and a stronger United States dollar.
Wool Services International says the New Zealand dollar has slipped 4.5% against the US dollar since the previous sale two weeks ago. The US dollar is the main wool trading currency.
That's resulted in price gains in New Zealand dollar terms.
Mid micron wools benefited the most, with finer types strengthening between 4% - 8% and coarser styles gaining 2% - 4%.
Crossbred fleeces prices also gained 2% - 3% for most types.
There was strong competition for oddments, which fetched up to 10% more.
WSI says next week's scheduled South Island wool sale has been cancelled due to reduced stock numbers and shearing disrupted by bad weather.
But next week's Napier sale will go ahead.
