Melbourne Market Report M47 – 20th May 2020

MARKET REPORT – Melbourne Sale M47

20/05/2020

On a very similar offering compared to yesterday with a 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 was 20/30ac cheaper for most types and descriptions. The exception were some selected lots in 16.0u and finer in a very small selection which remained unchanged.
The mix of the buyers creating the most competition is unchanged.

The combined figure of wool withdrawn before the sale and passed in for Flc was 30.4 %.

Best style skirtings finer than 17.5mic and less than 4%vm opened with less competition today and closed 5/10ac cheaper. 18.0 to 20.5mic pieces / bellies closed 10/15ac cheaper for better style and lower vm. Poorer style and higher vm skirtings closed 20/30ac cheaper.

Prems/Lambs in the 42-44HM range closed slightly cheaper 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 – firm – in a limited selection
– best/good – firm – in a limited selection
– poor types – firm

16.0u – spinners – no selection
– best style – no selection
– best/good – firm
– poor types – firm

16.5u – spinners – no selection
– best style – no selection
– best/good style – minus 30/40ac
– poor types – minus 10/20ac

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

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

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

19.5u – best/good types – minus 30ac
– poor types – minus 20/30ac

20.0/20.5u – FNF sound types –minus 30ac
– Poorer types – minus 30ac

21.0/21.5u – FNF sound types – minus 30ac
– Poorer types – minus 30ac

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 5/10ac cheaper
18.5u/19.5u – 10/15ac cheaper

Low VM poor types – 16.5u/17.5u – 10/15ac cheaper
18.0u/18.5u – 10ac 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 – 15/20ac cheaper

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

COMP. China