MARKET REPORT – Melbourne Sale M41

07/04/2020

On a good selection of a good mix of better and lower types/am’s in16.0microns to 21.5 microns with only a very small percentage of reoffered wools, the market was generally able to maintain last week’s level.
The competition remained restricted to just 3-4 companies buying for Chinese interests.
Today’s passed in rate decreased to 13.5% in the Flc, but about 10-15% of the offering was withdrawn before the sale.

Best Merino skirtings finer than 17.5mic with less than 3% vm opened firm/unchanged and then competition improved throughout the sale to finish 5/10ac dearer. 18.0 to 20.5mic pcs/bls with less than 4% closed generally unchanged with reasonable competition from Chinese indent buyers. Poorer style and higher VM skirtings closed 10/15ac cheaper.

Prems/Lambs in the 42-44HM range closed 15/20ac cheaper in the 17.5 to 19.5mic with very little competition from Chinese indent buyers. 46-54HM types closed firm/unchanged. Odd lots CM/NM 5/10ac dearer.

FLEECE

15.5u – spinners – no selection
– best style – no selection
– best/good – unchanged
– poor types – plus 10ac

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

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

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 –minus 10ac
-Poor style – plus 10ac

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

18.5u – best types – no selection
– best/good types – no selection
– good types – plus 10/15ac
– poor types – plus 10/20ac

19.0u – best/good types – irregular
– poor types – minus 10ac

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

20.0/20.5u – FNF sound types –unchanged
– Poorer types – minus 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 – 10/15ac dearer
18.5u/19.5u – 10/ac dearer

Low VM poor types – 16.5u/17.5u – no selection
18.0u/18.5u – 10/15ac cheaper
19.0u/20.5u – 10/15ac cheaper

High VM types – 16.5u and finer – no selection
17.0/18.5u – 15/20ac cheaper
19.0/20.0u – 10/15ac cheaper

Prems – 16.0/ 17.0u – no selection
17.5 / 18.5u – firm/unchanged
19.0 / 20.0u – 10/15ac cheaper

COMP. China/ Europe