MARKET REPORT – Melbourne Sale M50

11/06/2020

On a broader offering compared to yesterday, with a very limited selection of 16.5u and finer in all types, and a good selection of Best, Good-Best and Good top makers in 17.5.u-21.5u, the market started of unchanged , but lost ground as the sale proceeded and ended up 10- 20ac cheaper for the better types/am’s and 20-30ac cheaper for lower ( CH types).

The combined figure of wool withdrawn before the sale and passed in for Flc was 22.5%.

Best style skirtings finer than 17.5mic and less than 4%vm opened fully firm today but competition eased towards the close of selling.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.

Prems/Lambs in the 42-44HM range closed generally unchanged in a small offering. 46-52HM types closed 10/15ac dearer. Odd lots CM/NM 30/40ac 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 – unchanged
– poor types – minus 20/30ac

16.5u – spinners – no selection
– best style – no selection
– best/good style – minus 10/15ac
– poor types – minus 30ac

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

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

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – minus 30ac
– poor types – minus 5/10ac

18.5u – best types – no selection
– best/good types – no selection
– good types – minus 10ac
– poor types – minus 20/30ac

19.0u – best/good types – minus 10/20ac
– poor types – minus 20/30ac

19.5u – best/good types – minus 10/20ac
– poor types – minus 30/40ac

20.0/20.5u – FNF sound types –minus 30/40ac
– Poorer types – minus 20ac

21.0/21.5u – FNF sound types –minus 10ac
– Poorer types – minus 40/50ac

COMP. China

SKIRTINGS –

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

Low VM poor types – 16.5u/17.5u – generally unchanged
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 – 10/15ac cheaper
19.0/20.0u – 15ac cheaper

Prems – 16.0/ 17.0u – 20/25ac dearer (small selection)
17.5 / 18.5u – 10/15ac dearer
19.0 / 20.0u – Generally unchanged

COMP. China