MARKET REPORT – Melbourne Sale M31

29/01/2020

Today’s market reacted negatively in response to the uncertainty the Coronavirus is causing throughout the world. All Microns and descriptions dropped in value.
The market seemed to have found some basis towards the end of the sale.
47.5% of the Fleece offering was passed in today.

Merino skirtings finer than 18.0mic and less than 3% vm opened 80-100ac cheaper and then firmed during second half to close 50-70ac cheaper. 18.5 to 20.5mic pcs/bls with less than 4% vm closed 50/60ac cheaper. Poorer style and higher VM skirtings closed 80-100ac cheaper with limited competition from the Chinese topmakers.

Prems/Lambs in the 42-44HM range closed 40/50ac cheaper in the 16.5 to 18.5mic range in a small selection today. 46-56HM types closed 30/40ac cheaper in the 18.0 to 19.5mic range with odd CM/NM lots 20/30ac cheaper.

FLEECE

15.5u – spinners –no selection
– best style – no selection
– best/good – no selection
– poor types minus 80-100ac

16.0u – spinners – no selection
– best style – no selection
– best/good – minus 60/70ac
– poor types – minus 50/60ac

16.5u – spinners – no selection
– best style – no selection
– best/good style – minus 60/70ac
– poor types – minus 50/60ac

17.0u – spinners – no selection
– best style – no selection
– best/good style – no selection
– good style – minus 50/60ac
– poor types –minus 50ac

17.5u – spinners – no selection
– best style – no selection
– best/good style – no selection
– Good style – minus 50ac
– Poor style – minus 50ac

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – minus 60ac
– poor types – minus 30/40ac

18.5u – best types – no selection
– best/good types – no selection
– good types – minus 40/50ac
– poor types – minus 40ac

19.0u – best/good types – minus 60/70ac
– poor types – minus 50/60ac

19.5u – best/good types – minus 30/40ac
– poor types – minus 40/50ac

20.0/20.5u – FNF sound types – minus 50ac
– Poorer types –minus 30-50ac

21.0/21.5u – FNF sound types – minus 50ac
– Poorer types – minus 20/30ac

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – minus 70/80ac
18.5u/19.5u – minus 50/60ac

Low VM poor types – 16.5u/17.5u – minus 80-100ac
18.0u/18.5u – minus 70/80ac
19.0u/20.5u – minus 50/60ac

High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 80-100ac
19.0/20.0u – minus 50-60ac

Prems – 16.0/ 17.0u – no selection
17.5 / 18.5u – minus 40/50ac
19.0 / 20.0u – minus 30/40ac

COMP. China/ Europe