MARKET REPORT – Melbourne Sale M50

10/06/2020

On a slightly increased offering compared to previous sales, there was a limited selection of 16.5u and finer in all types, and a reasonable selection of Best, Good-Best and Good top makers in 17.5.u-21.5u.
Lots with favorable AM’s and /or high yields in 21.5u and finer were fully firm. CH types were irregular tending 5/10ac cheaper.

The combined figure of wool withdrawn before the sale and passed in for Flc was 13.8%.

Best style skirtings finer than 17.5mic and less than 4%vm opened with strong competition to close 10/15ac dearer today. Odd lots 16.0-16.5mic pushed 15/20ac higher.18.0 to 20.5mic pieces / bellies closed fully firm for better style and lower vm. Poorer style and higher vm skirtings closed generally unchanged.

Prems/Lambs in the 42-44HM range closed generally unchanged in a small offering. 46-52HM types closed fully firm. Odd lots CM/NM 10/15ac 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 – firm
– best/good – unchanged
– poor types – minus 10ac

16.5u – spinners – no selection
– best style – no selection
– best/good style – irregular
– poor types – minus 10ac

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

17.5u – spinners – no selection
– best style – no selection
– best/good style –fully firm
-Poor style – irregular

18.0u – spinner & best types – no selection
– best/good types – firm
– Good style – firm
– poor types – minus 5/10ac

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

19.0u – best/good types – firm
– poor types – irregular

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

20.0/20.5u – FNF sound types –firm
– Poorer types – firm

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

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 10/15ac dearer
18.5u/19.5u – Fully Firm

Low VM poor types – 16.5u/17.5u – generally unchanged
18.0u/18.5u – generally unchanged
19.0u/20.5u – firm unchanged

High VM types – 16.5u and finer – no selection
17.0/18.5u – buyers favour
19.0/20.0u – buyers favour

Prems – 16.0/ 17.0u – 10/15ac dearer (small selection)
17.5 / 18.5u – Fully Firm
19.0 / 20.0u – Firm Unchanged

COMP. China