MARKET REPORT – Melbourne Sale M42
17/04/2019
In a much smaller offering of best/good types in 17.5 to 19.0mic today the market again struggled for finer microns with 19.5 to 21.0mic attracting strong competition from Chinese indent buyers. A small selection of good/best 16.0 to 17.0mic received limited buyer support to close 15/20ac cheaper. 19.0 to 20.5mic best style with high yields and favourable am’s buyers paying a 10/15ac premium.
Fine Merino skirtings with less than 3%vm well supported and closed fully firm. Poorer style and lower yielding wools carrying above 5%vm continued to weaken and closed 5/10ac cheaper.
Prems and lamb’s types in the 42-44HM range closed with finer microns 10/15ac cheaper and 19.0mic & coarser generally unchanged. Longer lambs/prems in the 46-54HM range closed with finer microns 10ac cheaper & 19.0 to 20.0mic generally unchanged in a reasonable selection 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 – 15/20ac heaper
– poor types – 10ac cheaper
16.5u – spinners – no selection
– best style – no selection
– best/good style – minus 10/15ac
– poor types – unchanged
17.0u – spinners – no selection
– best style – no selection
– best/good style – 10ac cheaper
– Good style – 10/15ac cheaper
– poor types – 10ac cheaper
17.5u – spinners – no selection NEW
– best style – no selection
– best-good types – unchanged
– Good style – 10ac cheaper
– Poor style – unchanged
18.0u – spinner & best types – no selection
– best/good types – 15/20ac cheaper
– Good style 15/20ac cheaper
– poor types – unchanged
18.5u – best types – no selection
– best/good types – 10/15ac cheaper
– poor types – 5/10ac dearer
19.0u – best/good types – 10/15ac dearer
– poor types – 5/10ac dearer
19.5u – best/good types – unchanged
– poor types – 5/10ac dearer
20.0/20.5u – FNF sound types – unchanged
– Poorer types – unchanged
21.0/21.5u – FNF sound types – 5/10ac dearer
– Poorer types – irregular
COMP. China
SKIRTINGS –
Best Length/Low VM types 16.5u/17.5u – Fully Firm
18.5u/19.5u – Fully Firm
Low VM poor types – 16.5u/17.5u – 10/15ac cheaper
18.0u/18.5u – 10ac cheaper
19.0u/20.5u – 10ac cheaper
High VM types – 16.5u and finer – 10/15ac cheaper
17.0/18.5u – 10ac cheaper
19.0/20.0u – 10ac cheaper
Prems – 16.0/ 17.0u – 10/15ac cheaper
17.5 / 18.5u – 10ac cheaper
19.0 / 20.0u – unchanged
COMP. China/ Europe