Market Report 8/5/08
         

North Island:   7,100 bales

Main buyers:    Masurel 25%, NZWSI 21%, JSB 14%,

                        IWL 14%, Fuhrman 10%. 14% Passed.

Today’s Market             Compared to 1/5

Crossbred Fleece                      Firm

Crossbred E/S 3/5”                    Firm

Crossbred 3/4” Shears               up to 5 NZC Dearer.

Crossbred 2/4” + 2/3” Shears     Unchanged

Combing Oddments                  Firm

Shorter Oddments                     Firm

Lambs                                      Unchanged

Today the NZD is:                     Compared to 1/5:
Against the USD .7735               1.3% Weaker

Against the AUD .8210               1.2% Weaker

Against the GBP .3965              0.5% Stronger

Against the EUR .5045               0.7% Stronger

Next Auction 15/5/2008:    South Island:   10,700 Bales

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Scoured Stocks – available ex NZ:

Lot         Type              Micron    VM    Y-Z       Volume

S1932A  726 1/3”         27.4       0.0     -1.5       18 tons    

S1932B  726 1/3”         27.3       0.1     -1.1       18 tons

S1750B  Lamb Blend  28.4       0.1      3.0        19.5 tons

Mixed FCL:

S1792    113/4 4/6”       35.4      0.0      0.8       10 tons

S1789    113 3/5”+        36.0      0.1     -1.1       10 tons     

Do not hesitate to ask if interested in above.

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