MARKET REPORT – Melbourne Sale M14
02/10/2019
On a large offering of mainly lower style types in >17.0u and Best-Good and Good topmakers in 17.5-21.5u the market registered a further fall in value for all types and Microns.
Competition was reduced to 4 Chinese buyers. Better style types in 17.5u and finer fell by 30/40ac and Ch types by 70/80ac
19.0-21.5u lost 70/80ac of their previous value.
Selected NM lots in 18.0-19.5u attracted premiums, especially by Schneider.
35.6% of the Flc offering was passed in today.
Fine merino skirtings with less than 3% vm opened 40/50ac cheaper today but then firmed towards the close to be only 20/30ac cheaper. Poorer style and higher vm pcs closed 50/60ac cheaper.
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 25/30ac cheaper in the 17.5 to 19.5mic range with odd NM lots firm/unchanged.
FLEECE
15.5u – spinners –no selection
– best style – no selection
– best/good – minus 50/60ac
– poor types – no selection
16.0u – spinners – no selection
– best style – minus 30ac
– best/good – minus 50/60ac
– poor types – minus 60/70ac
16.5u – spinners – no selection
– best style – no selection
– best/good style – minus 70/80ac
– poor types – minus 80/90ac
17.0u – spinners – no selection
– best style – firm 2250ac
– best/good style – minus 40/50ac
– poor types – minus 30ac
17.5u – spinners – no selection
– best style – unchanged
– Good style – minus 30/40ac
– Poor style – minus 40/50ac
18.0u – spinner & best types – no selection
– best/good types – firm 2120ac
– Good style – minus 20ac
– poor types – minus 30/40ac
18.5u – best types – no selection
– best/good types –firm
– good types – minus 10/20ac
– poor types – minus 30ac
19.0u – best/good types – minus 70/80ac
– poor types – minus 70/80ac
19.5u – best/good types – minus 70/80ac
– poor types – minus 70/80ac
20.0/20.5u – FNF sound types – minus 70/80ac
– Poorer types –minus 70/80ac
21.0/21.5u – FNF sound types – minus 70/80ac
– Poorer types – minus 70/80ac
COMP. China
SKIRTINGS –
Best Length/Low VM types 16.5u/17.5u – minus 20/30ac
18.5u/19.5u – minus 25/35ac
Low VM poor types – 16.5u/17.5u – minus 30/40ac
18.0u/18.5u – minus 30/40ac
19.0u/20.5u – minus 25/30ac
High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 50/60ac
19.0/20.0u – minus 40/50ac
Prems – 16.0/ 17.0u – minus 15/20ac
17.5 / 18.5u – minus 25/30ac
19.0 / 20.0u – minus 20/25ac
COMP. China/ Europe