Melbourne Market Report M42 – 15th April 2020

MARKET REPORT – Melbourne Sale M42

15/04/2020

On a very limited selection of better types /AM’s and a reasonable selection of lower yielding / low Nkt types the market realized some gains in higher yielding types with favorable AM’s and was cheaper for lower yielding types .The competition was limited to buyers representing Chinese interests.
Techwool did not attend the sale today.

Today’s passed in rate was 19% in the Flc

Best Merino skirtings finer than 17.5mic with less than 3% vm keenly sought by Chinese indent buyers to close 5/10ac dearer. 18.0 to 20.5mic pcs/bls with less than 4% closed fully firm with good competition. Poorer style and higher VM skirtings closed 5/10ac cheaper with less comp from the topmakers.

Prems/Lambs in the 42-46HM range closed generally unchanged in the 17.5 to 19.5mic range with limited competition from Chinese indent buyers. 48-56HM types closed firm/unchanged. Odd lots CM/NM 5/10ac dearer.

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 – firm – very limited selection
– best/good – no selection
– poor types –minus 20ac

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

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

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

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

18.5u – best types – no selection
– best/good types – no selection
– good types – minus 10ac
– poor types – irregular

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

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

20.0/20.5u – FNF sound types –minus 10/20ac
– Poorer types – minus 10ac

21.0/21.5u – FNF sound types – minus 10/20ac
– Poorer types – irregular

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 10/15ac dearer
18.5u/19.5u – 10ac dearer

Low VM poor types – 16.5u/17.5u – no selection
18.0u/18.5u – firm/unchanged
19.0u/20.5u – generally unchanged

High VM types – 16.5u and finer – no selection
17.0/18.5u – 10/15ac cheaper
19.0/20.0u – 5/10ac cheaper

Prems – 16.0/ 17.0u – Generally unchanged
17.5 / 18.5u – Firm / unchanged
19.0 / 20.0u – 5/10ac cheaper

COMP. China / India