The first weekly increase in over a month was mainly a result of solid gains in the carding and crossbred sectors.
The merino fleece market saw mixed results, with all three centres recording varied outcomes. A large selection of fine tender wools struggled to attract strong buyer demand, while 19.5 to 20.5 micron attracted excellent competition and managed modest increases for the week. A limited selection of 21 micron and broader were generally unchanged when compared to the previous sale and by the close of trade the NRI had recorded a 10 cent increase for the week, closing at 1819.
The skirtings market felt losses on the first selling day, then gains on the second, resulting in prices being generally unchanged. Prices generally increased by 5-25 cents for the week.
The oddment sector finally recorded price increases. Locks, stains and crutchings generally rose by 50-120 cents. These rises helped to push the three carding indicators up by an average of 89 cents.