MARKET REPORT – Melbourne Sale M08

20/08/2019

On a poor selection of mainly lower style types in 17.0u and finer and a reduced offering of Best/Good, Good tm in 17.5u – 21.5u the slide in the market has noticeably slowed today.
Most better types /am’s started of 20-30 ac cheaper but gained some ground as the sale progressed with some selected better am lots unchanged.
Chinese types were generally unchanged.
GSA and United wool are paying up to 200ac premium for selected NM lots in 18u-19.5u.

Fine merino skirtings with less than 3% vm opened 15/20ac cheaper and then made a good recovery to close generally unchanged today. Poorer style and higher vm pcs closed 20/30ac cheaper with selected competition from the topmakers.

Prems/Lambs in the 42-46HM range closed generally unchanged for17.5 to 19.5mic in a very small selection.
48-56HM types closed 10/15ac cheaper in the 18.0 to 19.5mic range.

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 30/40ac
– poor types – firm

17.0u – spinners – no selection
– best style – no selection
– best/good style -minus 20/30ac
– poor types – minus 10ac

17.5u – spinners – no selection
– best style – minus 10/20ac
– Good style – minus 30ac
– Poor style – unchanged

18.0u – spinner & best types – no selection
– best/good types – minus 10/20ac
– Good style – minus 20-30ac
– poor types – unchanged

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

19.0u – best/good types – unchanged 1900ac
– poor types – minus 10/20ac

19.5u – best/good types – minus 10/20ac
– poor types – minus 10/20ac

20.0/20.5u – FNF sound types – minus 10/20acac
– Poorer types – minus 10/20ac

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

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – Generally Unchanged
18.5u/19.5u – Generally Unchanged

Low VM poor types – 16.5u/17.5u – minus 10/15ac
18.0u/18.5u – minus 15/20ac
19.0u/20.5u – minus 15/20ac

High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 30/40ac
19.0/20.0u – minus 30/40ac

Prems – 16.0/ 17.0u – Generally Unchanged
17.5 / 18.5u – 10/15ac cheaper
19.0 / 20.0u – 10/15ac cheaper

COMP. China/ Europe