MARKET REPORT – Melbourne Sale M16

17/10/2019

A coarser selection saw increased competition for 19.0mic and broader with Chinese indent buyers more active pushing the market higher. A very small selection of 17.0 to 18.5 good/best topmaking types closed 5/10ac dearer. 19.0 to 21.0mic good/best closed 10/15ac dearer. Poorer style and lower yielding types closed firm/unchanged.

Fine merino skirtings with less than 3% vm closed 15/20ac cheaper again today. Poorer style and higher vm pcs closed 25/30ac cheaper.

Prems/Lambs in the 42-46HM range closed firm/unchanged for 17.0 to 19.5mic in a reasonable selection today.
48-56HM types closed 10/15ac dearer in the 17.5 to 19.5mic range with odd NM lots 20/25ac dearer.

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 – plus 10ac
– poor types – unchanged

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

17.5u – spinners – no selection
– best style – small selection
– Good style – plus 10/15ac
– Poor style – plus 15ac

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – plus 10/15ac
– poor types – plus 5/10ac

18.5u – best types – no selection
– best/good types –no selection
– good types – plus 10/15ac
– poor types – plus 10ac

19.0u – best/good types – plus 10/15ac
– poor types – plus 15ac

19.5u – best/good types – plus 10/15ac
– poor types – plus 15/20ac

20.0/20.5u – FNF sound types – plus 15/20ac
– Poorer types – plus 10/15ac

21.0/21.5u – FNF sound types – plus 15/20ac
– Poorer types – plus 10/15ac

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – minus 20/25ac
18.5u/19.5u – minus 15/20ac

Low VM poor types – 16.5u/17.5u – minus 25/30ac
18.0u/18.5u – minus 15/25ac
19.0u/20.5u – minus 15/25ac

High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 30/40ac
19.0/20.0u – minus 20/30ac

Prems – 16.0/ 17.0u – firm/unchanged
17.5 / 18.5u – 15/20ac dearer
19.0 / 20.0u – firm/unchanged

COMP. China/ Europe