New Zealand

摘要

The May 27 sale of mainly South Island wools with a limited selection from the North Island, averaged out slightly softer. Although the opening levels were above the previous sale on May 20 and a weighted indicator for the main trading currencies was back 1.45%, the market softened as the sale progressed with a 77% clearance.rnConcerns regarding reduced quantities available in the coming weeks, due to the severe conditions stalling shearing, had minimal impact as international economics stability issues and a volatile NZ dollar, particularly compared with the US dollar, combined to subdue local price levels.