MARKET REPORT – Melbourne Sale M44

28/04/2020

On a selection tending broader in Micron, with a mix of Best-Good topmakers in 17.0-21.5u and lower yielding good topmakers in 17.0-21.5u the market commenced only slightly cheaper on last week , but started to lose ground as the sale progressed and ended up 30/40ac cheaper for most types.
The exception where 16.5u and finer which generally remained fully firm in a very limited selection.

There was no real change in competition other than a mention that Tianyu was more active today.

Today’s passed in rate was 21% in the Flc. About 10% of the Flc offering was withdrawn before the sale.

Best Merino skirtings finer than 18.5mic with less than 4% vm opened with reasonable competition to close generally unchanged today. 19.0 to 20.5mic pcs/bls with less than 4% closed 10/15ac cheaper. Poorer style and higher VM skirtings closed 20/30ac cheaper.

Prems/Lambs in the 42-44HM range closed generally unchanged in a very small offering. 46-52HM 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 – fully firm
– best/good – fully firm – very small selection
– poor types –fully firm – very small selection

16.5u – spinners – no selection
– best style – firm – 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 30/40ac

17.5u – spinners – no selection
– best style – no selection
– best/good style –minus 10/20ac
-Poor style – minus 30/40ac

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – minus 30/40ac
– poor types – minus 20/30ac

18.5u – best types – no selection
– best/good types – irregular
– good types – minus 30ac
– poor types – minus 20ac

19.0u – best/good types – minus 20/30ac
– poor types – minus 30/40ac

19.5u – best/good types – minus 30ac
– poor types – minus 30/40ac

20.0/20.5u – FNF sound types –minus 40ac
– Poorer types – minus 40/50ac

21.0/21.5u – FNF sound types – minus 40ac
– Poorer types – minus 60ac

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 – 10/15ac cheaper
19.0u/20.5u – 10/15ac cheaper

High VM types – 16.5u and finer – no selection
17.0/18.5u – 20/25ac cheaper
19.0/20.0u – 25/30ac cheaper

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

COMP. China