MARKET REPORT – Melbourne Sale M48

29/05/2019

In a mostly good/best topmaking selection of 17.0 to 19.5mic the market rebounded today with gains of 25/30ac for best specs and high yields. Selected lots of 19.5 to 21.5 mic with favourable am specs opened 30/40ac dearer with strong competition from Chinese indent buyers. Poorer style china types made more moderate gains of 10/15ac. A reasonable offering of Tasmanian wools sold with good support but majority passed in with grower resistance.

Fine Merino skirtings with less than 3%vm closed 15/20ac dearer in a very small selection. Poorer style and lower yielding wools carrying above 5%vm closed 10/15ac dearer with increased competition as the sale progressed.

Prems and lamb’s types in the 42-46HM range closed with finer microns 15/20ac dearer and 19.0mic & coarser 10/15ac dearer. Longer lambs/prems in the 48-56HM range closed with finer microns 20/25ac dearer & 19.0 to 20.0mic 15/20ac dearer in a small 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 – firm/unchanged
– poor types – plus 10/15ac

16.5u – spinners – no selection
– best style – no selection
– best/good style –no selection
– poor types – plus 10/15ac

17.0u – spinners – no selection  NEW
– best style – no selection
– best/good style – 10/15ac cheaper
– Good style – minus 10ac
– poor types – plus 20ac

17.5u – spinners – no selection  NEW
– best style – 10ac cheaper
– best-good types – unchanged
– Good style – unchanged
– Poor style – plus 10ac

18.0u – spinner & best types – no selection
– best/good types – plus 15/20ac
– Good style plus 20ac
– poor types – plus 10ac

18.5u – best types – no selection
– best/good types – plus 20ac
– poor types – minus 10ac

19.0u – best/good types – plus 25/30ac
– poor types – plus 30/35ac

19.5u – best/good types – plus 25/30ac
– poor types – plus 30ac

20.0/20.5u – FNF sound types – plus 20/25ac
– Poorer types – plus 30ac

21.0/21.5u – FNF sound types – plus 20ac
– Poorer types – plus 30/35ac

COMP. China

SKIRTINGS –

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

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

High VM types – 16.5u and finer – Firm/unchanged
17.0/18.5u – Firm
19.0/20.0u – Unchanged

Prems – 16.0/ 17.0u – 15/20ac dearer
17.5 / 18.5u – 20/25ac dearer
19.0 / 20.0u – 10/15ac dearer

COMP. China/ Europe