Prices at Thursday's sale of North and South Island wool, eased a bit as the market adjusted to an unexpectedly large lift a fortnight ago.
Wool Services International says demand from China was also quieter this week, as it takes its spring festival break.
However, general manager John Dawson says exporters still have a good range of forward orders to complete, which accounted for a clearance rate of 98%.
Cross-bred fleece sold for up to 2% cheaper and shears for up to 4% less.
First lambs' wool resisted the trend, rising by up to 2%.