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