MARKET REPORT – Melbourne Sale M47

19/05/2020

On a small offering with a very limited selection of 17.0u and finer in all types, and a reasonable selection of Best, Good-Best and Good topmakers in 17.5.u-21.5u, the market realized a modest gain for some selected lots with high yields and favorable AM’s in 18.0u and broader. All other types in 16.5-21.5u were slightly cheaper.
In a selection of only a few lots 16.0u and finer were dearer. The competition is limited to the same 5 companies which have been buying the main share of the offering

The combined figure of wool withdrawn before the sale and passed in for Flc was 15.6 %.

Best style skirtings finer than 17.5mic and less than 4%vm opened with reasonable competition and closed firm/unchanged. 18.0 to 20.5mic pieces / bellies closed 5/10ac cheaper for better style and lower vm. Poorer style and higher vm skirtings closed 10/15ac cheaper with less competition from the topmakers today.

Prems/Lambs in the 42-44HM range closed generally unchanged in a small offering. 46-52HM types closed fully firm. Odd lots CM/NM 5/10ac dearer.

FLEECE

15.5u – spinners – no selection
– best style – plus 50/60ac – in a limited selection
– best/good – plus 50ac – in a limited selection
– poor types – minus 30ac

16.0u – spinners – no selection
– best style – no selection
– best/good – plus 20/30ac
– poor types – plus 20ac

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

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

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

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

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

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

19.5u – best/good types – unchanged
– poor types – plus 5/10ac

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

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

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 – 10/15ac cheaper
19.0/20.0u – 10ac cheaper

Prems – 16.0/ 17.0u – Fully Firm (small selection)
17.5 / 18.5u – Fully Firm
19.0 / 20.0u – Generally unchanged

COMP. China