MARKET REPORT – Melbourne Sale M39

26/03/2020

On a similar selection compared to the one yesterday the market started off 5/10ac cheaper but gained some ground especially for the ch -types and closed at 5/10ac dearer for ch- types in 17.0-21.5u and 5/10ac dearer for the better types/specs in 19.0-21.5u.
All other types are unchanged.
Again all driven by Chinese Indents.

Best Merino skirtings finer than 18.5mic with less than 3% vm attracted good competition to close 5/10ac dearer again today. 19.0 to 20.5mic pcs/bls with less than 4% vm closed generally unchanged. Poorer style and higher VM skirtings closed irregular today.

Prems/Lambs in the 42-46HM range closed fully firm in the 17.5 to 19.5mic range with good competition all sectors. 48-56HM types closed 5/10ac dearer in the 17.5 to 19.5mic range with strong comp from Chinese indent buyers. Odd lots CM/NM 10/15ac dearer.

FLEECE

15.5u – spinners – no selection
– best style – no selection
– best/good – minus 20ac
– poor types –unchanged

16.0u – spinners – no selection
– best style – no selection
– best/good – minus 10ac
– poor types –unchanged

16.5u – spinners – no selection
– best style – no selection
– best/good style – minus 10/20ac
– poor types – unchanged

17.0u – spinners – no selection
– best style – no selection
– best/good style – minus 10/20ac
– poor types – plus 10ac

17.5u – spinners – no selection
– best style – no selection
– best/good style –minus 20ac
-Poor style – plus 10ac

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – minus 10/20ac
– poor types – plus 10ac

18.5u – best types – no selection
– best/good types – no selection
– good types – plus 10ac
– poor types – plus 20ac

19.0u – best/good types – plus 10ac
– poor types – plus 10ac

19.5u – best/good types – plus 5/10ac
– 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 5ac
– 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 – irregular
19.0/20.0u – irregular

Prems – 15.5/ 16.0u – small selection 15/20ac dearer
16.5 / 18.5u – plus 10ac
19.0 / 20.0u – plus 5/10ac

COMP. China/ Europe