MARKET REPORT – Melbourne Sale M10

05/09/2019

Again today a considerable part of the offering has been withdrawn before the sale. This left the market with a poor selection of mainly lower style types in 16.5u and finer, and a very average selection of Best/Good and Good TM in 17.0u-21.5u.
Better types/am’s started of cheaper but lots with favorable am’s gained some ground and ended up slightly dearer at the end of the sale.
Chinese types in 17.5u-21u came under pressure and were 10/20ac dearer. Chinese types in 17.0u and finer were irregular or cheaper.

Fine merino skirtings with less than 3% vm attracted good competition today with selected lots 20/30ac dearer by close of selling. Poorer style and higher vm pcs closed in sellers favour but with improved interest from Chinese indent buyers.

Prems/Lambs in the 42-46HM range closed generally 15/20ac cheaper for 17.5 to 19.5mic in a very small selection.
48-56HM types closed 10/15ac cheaper in the 18.0 to 19.5mic range except NM lots are unchanged.

FLEECE

15.5u – spinners –no selection
– best style – no selection
– best/good – no selection
– poor types –minus 30/40ac

16.0u – spinners – no selection
– best style – no selection
– best/good – irregular
– poor types – unchanged

16.5u – spinners – no selection
– best style – no selection
– best/good style – minus 20/30ac
– poor types – irregular

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

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

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

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

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

19.5u – best/good types – unchanged
– poor types – plus 10/20ac

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

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

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 20/30ac dearer
18.5u/19.5u – 25/30ac dearer

Low VM poor types – 16.5u/17.5u – minus 5/10ac
18.0u/18.5u – Sellers Favour
19.0u/20.5u – Sellers Favour

High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 15/20ac
19.0/20.0u – minus 10/15ac

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

COMP. China/ Europe