16 Aug 2013

Prices ease at wool sales

7:13 am on 16 August 2013

Wool prices have taken a knock from a higher dollar at this week's combined North and South Island sales.

An increase in the amount of wool on offer at a time when international demand is quiet also contributed to prices easing.

More than 18,000 bales were auctioned and 88% were sold.

Wool exporter New Zealand Wool Services International says cross-bred wool prices fell by up to 4%.

Mid-micron and end of season lambs' wool were also slightly cheaper.