MARKET REPORT – Melbourne Sale M29

15/01/2020

After yesterday’s rally the bidding today was less spirited and subsequently the market lost steam. Better lots with favorable am’s were 5/10ac dearer but CH types were unchanged or in some cases lost ground today.

Fine merino skirtings with less than 3% vm opened with strong competition (particularly 16.5mic & finer) to close 10/15ac dearer. Coarser than 19.0mc and poorer style pcs & bellies closed firm/unchanged with less competition from the topmakers. Higher vm types slightly cheaper today.

Prems/Lambs in the 42-44HM range closed generally unchanged in the 17.5 to 19.5mic range in a limited selection today.
46-56HM types closed fully firm in the 17.5 to 19.5mic range with odd CM/NM lots 10/15ac dearer.

FLEECE

15.5u – spinners –no selection
– best style – no selection
– best/good – plus 150ac
– poor types minus 40ac very limited selection

16.0u – spinners – no selection
– best style – no selection
– best/good – plus 10ac
– poor types – unchanged

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
– best/good style –plus 20ac
– good style – plus 10ac
– poor types –minus 10ac

17.5u – spinners – no selection
– best style – no selection- best/good style – plus 10ac 2240ac

– Good style – minus 10ac 2180ac

– Poor style – unchanged

18.0u – spinner & best types – no selection 2200est
– best/good types – no selection
– Good style – plus 10ac
– poor types – plus 10ac

18.5u – best types – no selection
– best/good types – no selection
– good types – unchanged
– poor types – unchanged

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

19.5u – best/good types – unchanged
– poor types – unchanged

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

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

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – plus 15/20ac
18.5u/19.5u – plus 10/15ac

Low VM poor types – 16.5u/17.5u – fully firm
18.0u/18.5u – firm / unchanged
19.0u/20.5u – firm / unchanged

High VM types – 16.5u and finer – no selection
17.0/18.5u – buyers favour
19.0/20.0u – minus 5/10ac

Prems – 16.0/ 17.0u – generally unchanged
17.5 / 18.5u – firm / unchanged
19.0 / 20.0u – buyers favour

COMP. China/ Europe