MARKET REPORT – Melbourne Sale M51
19/06/2019
On a very small selling day with a limited selection of mainly lower types in 16.5u and finer, and a reasonable selection of good/best style in 17.5 to 21.5u the down slide in the market continued to drift downwards with most types 30-50ac cheaper.
The exceptions were some selected lots with favorable am’s and a NM status which were unchanged and in some instances dearer with Schneider, Tianyu and Techwool competing.
Fine Merino skirtings with less than 3%vm closed 20/30 ac cheaper today in a very small offering. Poorer style and lower yielding wools carrying above 5%vm another 40/50ac cheaper with less competition from the topmakers.
Prems and shorter lamb types in the 42-46HM range closed with finer microns 30/40ac cheaper and 19.0mic & coarser 25/30ac cheaper. Longer lambs/prems in the 48-56HM range closed with finer microns 20/25ac cheaper & 19.0 to 20.0mic 30/40ac cheaper in a very small selection.
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 – no selection
– poor types –no selection
16.5u – spinners – no selection
– best style – no selection
– best/good style –minus 50ac
– poor types – irregular
17.0u – spinners – no selection
– best style – no selection
– best/good style –unchanged
– Good style – minus 30ac
– poor types – minus 30ac
17.5u – spinners – no selection
– best style – no selection
– best-good types – firm
– Good style – minus 30ac NEW
– Poor style – minus 30ac
18.0u – spinner & best types – no selection
– best/good types minus 40ac
– Good style minus 50ac
– poor types – minus 40/50ac
18.5u – best types – no selection
– best/good types – minus 20/30ac
– poor types – minus 40ac
19.0u – best/good types – minus 50ac
– poor types – minus 50/60ac
19.5u – best/good types – minus 50ac
– poor types – minus 50ac
20.0/20.5u – FNF sound types – minus 50-60ac
– Poorer types – minus 40/50ac
21.0/21.5u – FNF sound types – minus 50/60ac
– Poorer types – minus 50ac
COMP. China
SKIRTINGS –
Best Length/Low VM types 16.5u/17.5u – 25/35ac cheaper
18.5u/19.5u – 20/30ac cheaper
Low VM poor types – 16.5u/17.5u – 40/50ac cheaper
18.0u/18.5u – 30/40ac cheaper
19.0u/20.5u – 30/40ac cheaper
High VM types – 16.5u and finer – no selection
17.0/18.5u – 40/50ac cheaper
19.0/20.0u – 40/50ac cheaper
Prems – 16.0/ 17.0u – 25/30ac cheaper
17.5 / 18.5u – 20/25ac cheaper
19.0 / 20.0u – 25/35ac cheaper
COMP. China/ Europe