MARKET REPORT – Melbourne Sale M34

20/02/2020

On a slightly broader offering compared to yesterday with a limited selection of better types/AM the market started off unchanged but gained momentum as the sale progressed and closed 20/30ac dearer for most types with good support from the wider trade.

Merino skirtings finer than 18.0mic and less than 3% attracted strong competition from all sectors and strengthened as the sale progressed to close 20/30ac dearer .18.0 to 19.5mic pcs/bls with less than 4% vm closed 10/15ac dearer. Poorer style and higher VM skirtings closed fully firm.

Prems/Lambs in the 42-44HM range closed fully firm in the 17.5 to 19.0mic range in a reasonable selection today. 46-56HM types closed 15/20ac dearer in the 17.5 to 19.5mic range with improved competition from Chinese indent buyers – CM/NM lots 20/30ac dearer with improved competition compared yesterday.

FLEECE

15.5u – spinners – no selection
– best style – no selection
– best/good – firm
– poor types – plus 20ac

16.0u – spinners – no selection
– best style – no selection
– best/good – unchanged
– poor types – plus 20/30ac

16.5u – spinners – no selection
– best style – no selection
– best/good style –plus 20/30ac
– poor types – plus 30/40ac

17.0u – spinners – no selection
– best style – firm
– best/good style – firm
– good style – Plus 20/30ac
– poor types –plus 20ac

17.5u – spinners – no selection
– best style – no selection
– Good style – plus 20/30ac
– Poor style – plus 30/40ac

18.0u – spinner & best types – no selection
– best/good types – plus 20ac
– Good style – plus 30ac
– poor types – plus 20/30ac

18.5u – best types – no selection
– best/good types – plus 20/30ac
– good types – plus 20/30ac
– poor types – plus 20ac

19.0u – best/good types – plus 30/40ac
– poor types – plus 10/20ac

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

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

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

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – plus 20/30ac
18.5u/19.5u – plus 15/20ac

Low VM poor types – 16.5u/17.5u – plus 10/15ac
18.0u/18.5u – plus 10ac
19.0u/20.5u – plus 10/15ac

High VM types – 16.5u and finer – no selection
17.0/18.5u – fully firm
19.0/20.0u – fully firm

Prems – 15.5/ 16.5u – no selection
17.0 / 18.5u – plus 15/25ac
19.0 / 20.0u – plus 10/15ac

COMP. China/ Europe