MARKET REPORT – Melbourne Sale M43

22/04/2020

On a very similar selection to yesterday, with a good selection of good / average and poor top making types and a very limited selection of best, best-good top making types with above 60% yields and above 35 nkt’s mainly in 17.0u -21.5u, the poorer types again lost value .
Better types /am’s in 17-18.5 remained unchanged whilst high yielding types with favorable AM’s registered a modest gain of 10/15ac.

There was no real change in competition, mainly 4/5 companies representing Chinese interests.

Today’s passed in rate was 22% 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 About 10% of the offering was withdrawn before the sale.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 increased competition to close 5/10ac dearer today. 18.0 to 20.5mic pcs/bls with less than 4% closed generally unchanged with reasonable competition. Poorer style and higher VM skirtings closed 5/10ac cheaper.

Prems/Lambs in the 42-46HM range closed generally unchanged in a very small offering. 48-56HM types closed fully firm. 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 – no selection
– best/good – firm – very small selection
– poor types –unchanged – very small selection

16.5u – spinners – no selection
– best style – plus 20ac – very small selection
– best/good style – unchanged
– poor types – unchanged – very small selection

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

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

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

18.5u – best types – no selection
– best/good types – no selection
– good types – unchanged
– poor types – unchanged

19.0u – best/good types – unchanged – selected lots (plus 10/20ac)
– poor types – minus 10/20ac

19.5u – best/good types – unchanged  (plus 10/20ac)
– poor types – minus 10ac

20.0/20.5u – FNF sound types –unchanged  selected lots 1640 (plus 10/20ac)
– Poorer types – minus 10ac

21.0/21.5u – FNF sound types – unchanged
– Poorer types – irregular

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 5/10ac dearer
18.5u/19.5u – Firm / unchanged

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

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

Prems – 16.0/ 17.0u – slightly dearer (small selection)
17.5 / 18.5u – Fully Firm
19.0 / 20.0u – Firm / Unchanged

COMP. China