19 Sep 2011

Wool still in demand

12:43 pm on 19 September 2011

Prices and demand for wool are holding up. Almost 90% of the 11,500 bales of South Island wool auctioned last week were sold.

Prices for merino fleece were up to 3% higher.

Most cross-bred wool prices firmed a little more.

But mid-micron fleece was more mixed, with finer lines easing.