MARKET REPORT – Melbourne Sale M37

11/03/2020

In a mostly good/best topmaking selection of 17.5 to 19.5mic and a broader selection of lower style Chinese types the market dropped sharply today. Good/best style 17.5 to 18.5mic 25/30ac cheaper with reasonable competition. 19.0 to 21.0mic good/best style 30/40ac cheaper with poorer style china types 50/70ac cheaper.

Merino skirtings finer than 18.0mic with less than 3% under pressure today with less competition and finished the day 40/50ac cheaper. 18.5 to 20.5mic pcs/bls with less than 4% vm closed 50/70ac cheaper. Poorer style and higher VM skirtings closed 60/80ac cheaper with less competition from the topmakers.

Prems/Lambs in the 42-44HM range closed 60/70ac cheaper in the 17.5 to 19.5mic range in a more reasonable offering today. 46-56HM types closed 50/60ac cheaper in the 17.5 to 19.5mic range with odd selection of CM/NM 40/50ac cheaper.

FLEECE

15.5u – spinners – no selection
– best style – no selection
– best/good – minus 30ac
– poor types – minus 40/50ac

16.0u – spinners – no selection
– best style – no selection
– best/good – minus 40/50ac  FOX
– poor types – minus 70ac

16.5u – spinners – no selection
– best style – no selection
– best/good style – no selection
– 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 70ac

17.5u – spinners – no selection
– best style – no selection
– best/good style –no selection
– Good style – minus 30/40ac
– Poor style – minus 70/80ac

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – minus 30/40ac
– poor types – minus 50/60ac

18.5u – best types – no selection
– best/good types – no selection
– good types – minus 20/30ac
– poor types – minus 50/60ac

19.0u – best/good types – minus 20/30ac
– poor types – minus 40/50ac

19.5u – best/good types – minus 20/30ac
– poor types – minus 40/50ac

20.0/20.5u – FNF sound types – minus 20/30ac
– Poorer types – minus 40ac

21.0/21.5u – FNF sound types – minus 30ac
– Poorer types – minus 30/40ac

COMP. China

SKIRTINGS –

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

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

High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 60/70ac
19.0/20.0u – minus 70/80ac

Prems – 15.5/ 16.5u – no selection
17.0 / 18.5u – minus 40/50ac
19.0 / 20.0u – minus 60/70ac

COMP. China/ Europe