Wool prices have continued their upward trend at this week's North and South Island wool sales, with the demand more than compensating for the negative effects of a strengthening New Zealand dollar.
A limited offering of mid-micron wool lifted in price by 2% to 3.5% while fine crossbred wool rose 1%.
Coarse fleece remained firm, while coarse shears were between 1% and 2% dearer.
Lambswool bucked the trend, with prices easing by 1% to 2%.
Almost three quarters of the 13,000 bales on offer was sold.
