I up picked this yarn in our travels in NZ. On the outskirts of Christchurch (on the road to Akaroa), there's a little wool shop. It seems that it sells fleeces to local spinners (and buys wool back), and picks up the ends of cones from ... somewhere or other.
I bought two hanks of white wool to have some fun with dye.
And then I spotted a cone of this mystery yarn. It looks felted, is more like a tape, and has some shorter dark fibres every now and then. All this yarn (>300g) for the low price of $2 (kiwi).
Not sure what it will be yet - maybe a kid's jumper, a doormat, or many scarves or beanies.