MARKET REPORT – Melbourne Sale M38
18/03/2020
On an improved selection compared to yesterday, the market continued to struggle with values falling across all types and descriptions. Better types with favorable AM’s and good yields were less affected.
Best Merino skirtings finer than 18.0mic with less than 3% vm closed 60/70ac cheaper with limited competition today. 18.5 to 20.5mic pcs/bls with less than 4% vm closed 40/50ac cheaper. Poorer style and higher VM skirtings closed 70/80ac cheaper.
Prems/Lambs in the 42-44HM range closed 40/50ac cheaper in the 17.5 to 19.5mic range in another small offering today. 46-56HM types closed 20/30ac cheaper in the 17.5 to 19.5mic range with odd selection of CM/NM 15/20ac cheaper.
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 – minus 50/60ac
– poor types – minus 70ac
16.5u – spinners – no selection
– best style – no selection
– best/good style – minus 50ac
– poor types – minus 50/60ac
17.0u – spinners – no selection
– best style – no selection
– best/good style – minus 20/30ac
– good style – minus 50ac
– poor types – minus 100ac
17.5u – spinners – no selection
– best style – no selection
– best/good style –minus 30ac
– Good style – minus 60/70ac
– Poor style – minus 20/30ac
18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – minus 100ac
– poor types – minus 50/60ac
18.5u – best types – no selection
– best/good types – no selection
– good types – minus 80ac
– poor types – minus 80/90ac
19.0u – best/good types – minus 50ac
– poor types – minus 50ac
19.5u – best/good types – minus 50ac
– poor types – minus 50ac
20.0/20.5u – FNF sound types – minus 50/60ac
– Poorer types – minus 50c
21.0/21.5u – FNF sound types – minus 50/60ac
– Poorer types – minus 40ac
COMP. China
SKIRTINGS –
Best Length/Low VM types 16.5u/17.5u – 60/70ac cheaper
18.5u/19.5u – 40/50ac cheaper
Low VM poor types – 16.5u/17.5u – 70/80ac cheaper
18.0u/18.5u – 50/60ac cheaper
19.0u/20.5u – 30/40ac cheaper
High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 70/80ac
19.0/20.0u – minus 50/60ac
Prems – 15.5/ 16.5u – no selection
17.0 / 18.5u – minus 40/50ac
19.0 / 20.0u – minus 20/30ac
COMP. China/ Europe