MARKET REPORT – Melbourne Sale M43

21/04/2020

On a good selection of good / average and poor top making types with a very limited selection of best, best-good top making types with above 60% yields and above 35 nkt’s, the poorer types continued to lose ground with most types 20/30ac cheaper. Selected few lots however with good AM’s and or NM status were 10/20ac dearer.

Competition again was generated by only 4 companies representing Chinese interests.

Today’s passed in rate was 18% in the Flc. About 10% of the offering was withdrawn before the sale.

Best Merino skirtings finer than 17.5mic with less than 3% vm opened with good competition to close firm/unchanged today. 18.0 to 20.5mic pcs/bls with less than 4% closed slightly cheaper with limited competition. Poorer style and higher VM skirtings closed 15/20ac cheaper.

Prems/Lambs in the 42-46HM range closed generally unchanged in a very small offering. 48-56HM types closed firm/unchanged. Odd lots CM/NM fully firm.

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 – firm
– poor types –minus 20ac

16.5u – spinners – no selection
– best style – no selection
– best/good style – firm
– poor types – minus 20/30ac

17.0u – spinners – no selection
– best style – firm
– best/good style – minus 20/30ac
– poor types – minus 10/20ac

17.5u – spinners – no selection
– best style – no selection
– best/good style –minus 20/30ac
-Poor style – minus 20/30ac

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – minus 10/20ac
– poor types – minus 20/30ac

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

19.0u – best/good types – plus 10/20ac
– poor types – minus 10/20ac

19.5u – best/good types – plus 20/30ac
– poor types – irregular

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

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

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – Fully Firm
18.5u/19.5u – Firm / unchanged

Low VM poor types – 16.5u/17.5u – no selection
18.0u/18.5u – 5/10ac cheaper
19.0u/20.5u – 10ac cheaper

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

Prems – 16.0/ 17.0u – fully firm (small selection)
17.5 / 18.5u – firm / unchanged
19.0 / 20.0u – Buyers favour

COMP. China