MARKET REPORT – Melbourne Sale M28

09/01/2019

On a similar selection to yesterday, the market continued to strengthen in the 18.5u and broader for all types.
In the finer end the market remained very sluggish with no change.

Fine Merino skirtings with less than 4%vm again strengthened in a limited selection of best style lots and closed 20/25ac dearer today. 19.0mic and coarser very firm with FNF lots 10/15ac dearer pushed by Chinese indent buyers.

Prems and lamb’s types in the 44-46HM range closed with finer microns 25/30ac dearer and 19.0mic & coarser 15/20ac dearer. Longer lambs/prems in the 48-54HM range pushed higher by china indent buyers today with some selected lots 25/30ac dearer.

FLEECE

15.5u – spinners –no selection
– best style –
– best/good – no selection
– poor types – unchanged

16.0u – spinners – no selection
– best style – no selection
– best/good – barley maintained
– poor types – very irregular

16.5u – spinners – no selection
– best style – no selection
– best/good style – unchanged
– poor types – irregular

17.0u – spinners – no selection
– best style – firm
– best/good style- unchanged
– poor types – unchanged

17.5u – spinners – no selection
– best style – no selection
– best-good types – plus 20ac
– Poor style – irregular

18.0u – spinner & best types – no selection
– best/good types – unchanged
– poor types – unchanged

18.5u – best types – firm
– best/good types – unchanged
– poor types – plus 30ac

19.0u – best/good types – plus 30/40ac
– poor types – plus 20/30ac

19.5u – best/good types – plus 50ac
– poor types – plus 50/60ac

20.0/20.5u – FNF sound types – plus 30ac
– Poorer types – plus 30/40ac

21.0/21.5u – FNF sound types – plus 20/30ac
– Poorer types – plus 30/40ac

22.0u and broader – plus 10/20ac

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 20/25ac dearer
18.5u/19.5u – 15/20ac dearer

Low VM poor types – 16.5u/17.5u – 15/20ac dearer
18.0u/18.5u – 10/15ac dearer
19.0u/20.5u – 10ac dearer

High VM types – 16.5u and finer – 10/15ac dearer
17.0/18.5u – 10ac dearer
19.0/20.0u – Firm / Unchanged

Prems – 16.5/ 17.0u – 15/20ac dearer
17.5 / 18.5u – 25/30ac dearer
19.0 / 20.0u – 20/25ac dearer

COMP. China/ Europe

M24

Total 27,146
National Total 48,544

Selling Tuesday/Wednesday/Thursday