Prices firmed again at the first sale of the new wool selling season, continuing the recovery of the past year.
The sale was a small one, with only 6000 bales of North Island wool on offer. More than 90% were sold.
Wool Services International says the limited supply and steady demand are keeping the market firm, over-riding the negative effect of the strong New Zealand dollar on returns.
The biggest price gains were for coarse cross-bred fleece which lifted another 4% on previous North Island levels.
A small offering of short lambs fleece sold for 4% - 6% more.
