MARKET REPORT – Melbourne Sale M51

11/06/2020

In the lowest national offering of 16,819bs for this season the market could not maintain last week’s level. On a very limited selection of better types/Am’s and CH types in 17.0u and broader and a poor selection of any types in 16.u and finer the 17.5u and finer were 10/20ac cheaper and 18.0u and broader 20/30ac cheaper.

The combined figure of wool withdrawn before the sale and passed in for Flc was 17.9%.

Best style skirtings finer than 17.5mic and less than 4%vm opened with less competition from Chinese buyers today to close 10/15ac cheaper. Odd lots 16.0-16.5mic closed fully firm.18.0 to 20.5mic pieces / bellies closed 5/10ac cheaper for better style and lower vm. Poorer style and higher vm skirtings closed 15/20ac cheaper.

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

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 – no selection
– poor types – minus 10/20ac

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

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

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

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

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

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

21.0/21.5u – FNF sound types –minus 20/30ac
– Poorer types – minus 10ac

COMP. China

SKIRTINGS –

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

Low VM poor types – 16.5u/17.5u – 15/20ac cheaper
18.0u/18.5u – 10/15ac cheaper
19.0u/20.5u – 10ac cheaper

High VM types – 16.5u and finer – no selection
17.0/18.5u – 15/20ac cheaper
19.0/20.0u – 20ac cheaper

Prems – 16.0/ 17.0u – Fully Firm (small selection)
17.5 / 18.5u – 5/10ac cheaper
19.0 / 20.0u – 10ac cheaper

COMP. China