MARKET REPORT – Melbourne Sale M39
25/03/2020
On a much improved selection compared to yesterday, with a good selection of 35-45nkt wools in 16.5u to 21.5u with reasonable to high yields, and a good selection of CH types in 15.0-20.5u the market registered a modest rise for most types and Microns.
Chinese Indents seem to be the main driver.
Like yesterday all European buyers are absent.
Best Merino skirtings finer than 18.0mic with less than 3% vm attracted good competition to close 5/10ac dearer again today. 18.5 to 20.5mic pcs/bls with less than 4% vm closed generally unchanged. Poorer style and higher VM skirtings closed 10/15ac cheaper.
Prems/Lambs in the 42-46HM range closed 10ac dearer in the 17.5 to 19.5mic range with good competition all sectors. 48-56HM types closed 10/15ac dearer in the 17.5 to 19.5mic range with strong comp from Chinese indent buyers. Odd lots CM/NM 15/20ac dearer.
FLEECE
15.5u – spinners – no selection
– best style – no selection
– best/good – firm
– poor types – plus 20/30ac
16.0u – spinners – no selection
– best style – no selection
– best/good – plus 20ac
– poor types –plus 10ac
16.5u – spinners – no selection
– best style – no selection
– best/good style – plus 20/30ac
– poor types – plus 20ac
17.0u – spinners – no selection
– best style – no selection
– best/good style – plus 10ac
– poor types – plus 10ac
17.5u – spinners – no selection
– best style – no selection
– best/good style –firm
-Poor style – plus 30ac
18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – firm
– poor types – plus 10ac
18.5u – best types – no selection
– best/good types – no selection
– good types – firm
– poor types – plus 20ac
19.0u – best/good types – plus 20ac
– poor types – plus 10ac
19.5u – best/good types – plus 10ac
– poor types – plus 10ac
20.0/20.5u – FNF sound types –plus 10ac
– Poorer types – plus 10ac
21.0/21.5u – FNF sound types – plus 10ac
– Poorer types – plus 10ac
COMP. China
SKIRTINGS –
Best Length/Low VM types 16.5u/17.5u – 10ac dearer
18.5u/19.5u – 5/10ac dearer
Low VM poor types – 16.5u/17.5u – firm / unchanged
18.0u/18.5u – generally unchanged
19.0u/20.5u – generally unchanged
High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 15/20ac
19.0/20.0u – minus 10/15ac
Prems – 15.5/ 16.0u – small selection 10/15ac dearer
16.5 / 18.5u – plus 10ac
19.0 / 20.0u – plus 5/10ac
COMP. China/ Europe