MARKET REPORT – Melbourne Sale M31
31/01/2019
On a poorer selection compared to yesterday, with a limited selection of better types/am in 19.5 and finer, and a limited selection of good, good- best topmakers in 21.5 and finer the market was 10/20ac cheaper today in 17.0-21.5 microns. More than likely reacting to the increase in the USD rate against the Australian dollar.
Selected lots in 18.5 and finer with favorable AM’s and or NM remained unchanged.
Fine Merino skirtings with less than 3%vm still well supported today and closed fully firm. Poorer and lower style wools carrying higher vm closed slightly cheaper.
Prems and lamb’s types in the 42-44HM range closed with finer microns 10/15ac cheaper and 19.0mic & coarser 15ac cheaper. Longer lambs/prems in the 46-54HM range closed with finer microns 10/15ac cheaper & 19.0 to 20.0mic 15/20ac cheaper with less competition from the Chinese indent buyers today.
FLEECE
15.5u – spinners –no selection
– best style – no selection
– best/good – no selection
– poor types – no selection
16.0u – spinners – no selection
– best style – no selection
– best/good – plus 10ac
– poor types – firm
16.5u – spinners – no selection
– best style – unchanged
– best/good style – unchanged
– poor types – unchanged
17.0u – spinners – no selection
– best style – unchanged
– best/good style minus 10/20ac NEW
– poor types – minus 20ac
17.5u – spinners – no selection
– best style – unchanged NEW
– best-good types – minus 20/30ac FOX
– Poor style – minus 10/20ac
18.0u – spinner & best types – unchanged
– best/good types – minus 10/15ac
– poor types – minus 10/20
18.5u – best types – unchanged FOX
– best/good types – unchanged
– poor types – minus 15ac
19.0u – best/good types – minus 10/15ac
– poor types – minus 10/15ac
19.5u – best/good types – minus 20ac
– poor types – minus 10/20ac
20.0/20.5u – FNF sound types – minus 10/15ac
– Poorer types – minus 10/15ac
21.0/21.5u – FNF sound types – minus 15ac
– Poorer types – unchanged
22.0u and broader – unchanged
COMP. China
SKIRTINGS –
Best Length/Low VM types 16.5u/17.5u – Fully Firm
18.5u/19.5u – Firm Unchanged
Low VM poor types – 16.5u/17.5u – 10/15ac cheaper
18.0u/18.5u – 5/10ac cheaper
19.0u/20.5u – Generally Unchanged
High VM types – 16.5u and finer – 10/15ac cheaper
17.0/18.5u – 10ac cheaper
19.0/20.0u – generally unchanged
Prems – 16.5/ 17.0u – 10/15ac cheaper
17.5 / 18.5u – 10/15ac cheaper
19.0 / 20.0u – 15/20ac cheaper
COMP. China/ Europe