Prices eased at the wool sale in Christchurch yesterday with poorer styles most affected.
It reflected the decline in similar wool fibres globally as buyers competed with markets using cheaper synthetic fibres, Dave Burridge, of PGG Wrightson Wool, said.
The sale offered the first autumn shorn wool.
"With the excellent growing season experienced in most regions, it is anticipated the quality of new season's wool will be ideal for high-end export markets over the coming months," Mr Burridge said.
Good-style fleece (31-35 micron) dropped 3% with an average clean price of 590c/kg, while good-style full-length crossbred fleece (35-39 micron) was down 2%-3%, with a clean price of 560c. Poorer style was down 2%-4% at 525c. Second shear fleece (75mm-125mm) was down 1%-2% at 540c, with poorer style down 2% at 520c. Second shear (50mm-100mm) lifted 1%-2% at 505c on a limited offering.
A range of prices.-
Million Springs Ltd (Kurow), 31 bales crossbred lambs AA, 30.1 micron, 78.8% yield, 457 greasy, 580 clean; A.N. Allison (Milton), five bales crossbred lambs AA, 31.3 micron, 81.9% yield, 470 greasy, 574 clean; P.J. Scanlan (Milton), 30 bales crossbred AA, 38 micron, 82.5% yield, 462 greasy, 560 clean; Carterhope Est (Balclutha), 34 bales crossbred lambs AA, 31.2 micron, 81.8% yield, 466 greasy, 570 clean; W.D. and K.J. McWilliam (Waikouaiti), 15 bales crossbred second shear AA, 38.2 micron, 81% yield, 442 greasy, 546 clean; Hopehill Farm (Mosgiel), four bales Romney lambs A, 28.5 micron, 77.6% yield, 470 greasy, 606 clean; Kowai Downs Ltd (Gore), 49 bales crossbred AA, 36.9 micron, 81.6% yield, 449 greasy, 550 clean; Barn Heugh Trust (Lawrence), nine bales crossbred lambs AA, 31.7 micron, 81.5% yield, 462 greasy, 567 clean; Paterson Bros (Lawrence), 40 bales crossbred second-shear AA, 37.4 micron, 82.7% yield, 453 greasy, 548 clean; 4 Rivers Farm (Otago), 31 bales Perendale AA, 36.1 micron, 76.7% yield, 431 greasy, 560 clean.