MARKET REPORT – Melbourne Sale M08

21/08/2018

A reasonable selection of Best style wools and the majority best/good topmaking types came under pressure today with 16.5 to 18.0mic opening 30/40ac cheaper and poorer style and lower yielding wools 60-80ac cheaper. 18.5 to 20.5mic 30/40ac cheaper for best style and all others 50/60ac cheaper. As the sale progressed competition improved from Chinese indent buyers to hold the market steady at the lower basis.

Chinese types 50/60ac cheaper for 16.5 to 18.5mic and 25/35ac for 19.5 to 21.0mic

Fine Merino skirtings with less than 4%vm followed the fleece and opened 30/40ac cheaper. All other microns and types 15/20ac cheaper.

Prems and lambs types in the 44-50HM range closed fully firm in a very small selection.

FLEECE

15.5u – spinners – small selection
– best style – 30/50ac cheaper
– best/good – 60/80ac cheaper
– poor types – 100/120ac cheaper

16.0u – spinners – no selection
– best style – small selection
– best/good – 40/50ac cheaper
– poor types –60/80ac cheaper

16.5u – spinners – small selection
– best style – 30/40ac cheaper
– best/good style – 40/50ac cheaper
– poor types –  60/80ac cheaper

17.0u – spinners – no selection
– best style – 30/40ac cheaper
– best/good style- 40/50ac cheaper
– poor types – 50/60ac cheaper

17.5u – spinners – no selection
– best style – 30/50ac cheaper
– best-good types – 30/40 ac cheaper
– Poor style – 50/60ac cheaper

18.0u – spinner & best types – small selection
– best/good types – 25/30ac cheaper
– poor types – 40/50ac cheaper

18.5u – best types – 20/30ac cheaper small selection
– best/good types- 30/40ac cheaper
– poor types – 30/40ac cheaper

19.0u – best/good types – 30/40ac cheaper
– poor types – 50/60ac cheaper

19.5u – best/good types – 40/50ac cheaper
– poor types – 60/70ac cheaper

20.0/20.5u – FNF sound types – 40/50ac cheaper
– Poorer types – 60/70ac cheaper

21.0/21.5u – FNF sound types – 50/60ac cheaper
– Poorer types – 70/80ac cheaper

22.0u and broader – 40/50ac cheaper

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 30/40ac cheaper
18.5u/19.5u – 25/30ac cheaper

Low VM poor types – 16.5u/17.5u – 30/40ac cheaper
18.0u/18.5u – 20/25ac cheaper
19.0u/20.5u – 15/20ac cheaper

High VM types – 16.5u and finer – 20/30ac cheaper
17.0/18.5u – 15/20ac cheaper
19.0/20.0u – 25/30ac cheaper

Prems – 16.5/ 17.0u – Fully Firm
17.5 / 18.5u – Firm Unchanged
19.0 / 20.0u – Firm Unchanged

COMP. China/ Europe