Melbourne Market Reports

Home/Melbourne Market Reports
NEW-HEADER1_Sheep.2000
NEW-HEADER1_Fabric.2000
NEW-HEADER1_Wool.2000

Encouraging professional superfine wool growers

Melbourne Market Report M43 – 21st April 2020

MARKET REPORT – Melbourne Sale M43

21/04/2020

On a good selection of good / average and poor top making types with a very limited selection of best, best-good top making types with above 60% yields and above 35 nkt’s, the poorer types continued to lose ground with most types 20/30ac cheaper. Selected few lots however with good AM’s and or NM status were 10/20ac dearer.

Competition again was generated by only 4 companies representing Chinese interests.

Today’s passed in rate was 18% in the Flc. About 10% of the offering was withdrawn before the sale.

Best Merino skirtings finer than 17.5mic with less than 3% vm opened with good competition to close firm/unchanged today. 18.0 to 20.5mic pcs/bls with less than 4% closed slightly cheaper with limited competition. Poorer style and higher VM skirtings closed 15/20ac cheaper.

Prems/Lambs in the 42-46HM range closed generally unchanged in a very small offering. 48-56HM types closed firm/unchanged. 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 – firm
– poor types –minus 20ac

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

17.0u – spinners – no selection
– best style – firm
– best/good style – minus 20/30ac
– poor types – minus 10/20ac

17.5u – spinners – no selection
– best style – no selection
– best/good style –minus 20/30ac
-Poor style – minus 20/30ac

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – minus 10/20ac
– poor types – minus 20/30ac

18.5u – best types – no selection
– best/good types – no selection
– good types – minus 10/15ac
– poor types – minus 10/20ac

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

19.5u – best/good types – plus 20/30ac
– poor types – irregular

20.0/20.5u – FNF sound types –plus 10/20ac
– Poorer types – minus 10ac

21.0/21.5u – FNF sound types – plus 10/20ac
– Poorer types – irregular

COMP. China

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 – 15/20ac cheaper
19.0/20.0u – 15/20ac cheaper

Prems – 16.0/ 17.0u – fully firm (small selection)
17.5 / 18.5u – firm / unchanged
19.0 / 20.0u – Buyers favour

COMP. China

Melbourne Market Report M42 – 15th April 2020

MARKET REPORT – Melbourne Sale M42

15/04/2020

On a very limited selection of better types /AM’s and a reasonable selection of lower yielding / low Nkt types the market realized some gains in higher yielding types with favorable AM’s and was cheaper for lower yielding types .The competition was limited to buyers representing Chinese interests.
Techwool did not attend the sale today.

Today’s passed in rate was 19% in the Flc

Best Merino skirtings finer than 17.5mic with less than 3% vm keenly sought by Chinese indent buyers to close 5/10ac dearer. 18.0 to 20.5mic pcs/bls with less than 4% closed fully firm with good competition. Poorer style and higher VM skirtings closed 5/10ac cheaper with less comp from the topmakers.

Prems/Lambs in the 42-46HM range closed generally unchanged in the 17.5 to 19.5mic range with limited competition from Chinese indent buyers. 48-56HM types closed firm/unchanged. Odd lots CM/NM 5/10ac 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 – very limited selection
– best/good – no selection
– poor types –minus 20ac

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

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

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

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

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

19.0u – best/good types – minus 10ac
– poor types – irregular

19.5u – best/good types – minus 10ac
– poor types – irregular

20.0/20.5u – FNF sound types –minus 10/20ac
– Poorer types – minus 10ac

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

COMP. China

SKIRTINGS –

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

Low VM poor types – 16.5u/17.5u – no selection
18.0u/18.5u – firm/unchanged
19.0u/20.5u – generally unchanged

High VM types – 16.5u and finer – no selection
17.0/18.5u – 10/15ac cheaper
19.0/20.0u – 5/10ac cheaper

Prems – 16.0/ 17.0u – Generally unchanged
17.5 / 18.5u – Firm / unchanged
19.0 / 20.0u – 5/10ac cheaper

COMP. China / India

Melbourne Market Report M41 – 8th April 2020

MARKET REPORT – Melbourne Sale M41

08/04/2020

On a broader selection compared to yesterday but again with a good mix of better and lower types/am’s in 17.0microns to 21.5 microns the market achieved gains of 20/40ac across the board but started to ease just a little towards the end of the sale. The competition however remained restricted to just 3-4 companies buying for Chinese interests.

Today’s passed in rate was 11% in the Flc, but again about 10-15% of the offering was withdrawn before the sale.

Best Merino skirtings finer than 17.5mic with less than 3% vm attracted strong competition from Chinese indent buyers to close 20/30ac dearer today. 18.0 to 20.5mic pcs/bls with less than 4% vm closed 10/5ac dearer with good competition from the topmakers. Poorer style and higher VM skirtings closed 5/10ac dearer.

Prems/Lambs in the 42-44HM range closed 10/15ac dearer in the 17.5 to 19.5mic with improved competition from Chinese interests. 46-54HM types closed 15/20ac dearer. Odd lots CM/NM 20/30ac 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 – no selection
– poor types –no selection

16.5u – spinners – no selection
– best style – no selection
– best/good style – plus 20/30ac
– poor types – plus 20/30ac

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

17.5u – spinners – no selection
– best style – no selection
– best/good style –plus 30ac
-Poor style – plus 30ac

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

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

19.0u – best/good types – plus 20ac
– poor types – plus 20ac

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

20.0/20.5u – FNF sound types –plus 30/40ac
– Poorer types – plus 40c

21.0/21.5u – FNF sound types – plus 40ac
– Poorer types – plus 20ac

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 20/30ac dearer
18.5u/19.5u – 20/25ac dearer

Low VM poor types – 16.5u/17.5u – no selection
18.0u/18.5u – 10/15ac dearer
19.0u/20.5u – 5/10ac dearer

High VM types – 16.5u and finer – no selection
17.0/18.5u – 10ac dearer
19.0/20.0u – 5/10ac dearer

Prems – 16.0/ 17.0u – odd lots 25/30ac dearer
17.5 / 18.5u – 15/20ac dearer
19.0 / 20.0u – 10/15ac dearer

COMP. China/ Europe

Melbourne Market Report M41 – 7th April 2020

MARKET REPORT – Melbourne Sale M41

07/04/2020

On a good selection of a good mix of better and lower types/am’s in16.0microns to 21.5 microns with only a very small percentage of reoffered wools, the market was generally able to maintain last week’s level.
The competition remained restricted to just 3-4 companies buying for Chinese interests.
Today’s passed in rate decreased to 13.5% in the Flc, but about 10-15% of the offering was withdrawn before the sale.

Best Merino skirtings finer than 17.5mic with less than 3% vm opened firm/unchanged and then competition improved throughout the sale to finish 5/10ac dearer. 18.0 to 20.5mic pcs/bls with less than 4% closed generally unchanged with reasonable competition from Chinese indent buyers. Poorer style and higher VM skirtings closed 10/15ac cheaper.

Prems/Lambs in the 42-44HM range closed 15/20ac cheaper in the 17.5 to 19.5mic with very little competition from Chinese indent buyers. 46-54HM types closed firm/unchanged. Odd lots CM/NM 5/10ac dearer.

FLEECE

15.5u – spinners – no selection
– best style – no selection
– best/good – unchanged
– poor types – plus 10ac

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

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

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

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

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

18.5u – best types – no selection
– best/good types – no selection
– good types – plus 10/15ac
– poor types – plus 10/20ac

19.0u – best/good types – irregular
– poor types – minus 10ac

19.5u – best/good types – minus 10ac
– poor types – minus 10ac

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

21.0/21.5u – FNF sound types – plus 10ac
– Poorer types – plus 10ac

COMP. China

SKIRTINGS –

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

Low VM poor types – 16.5u/17.5u – no selection
18.0u/18.5u – 10/15ac cheaper
19.0u/20.5u – 10/15ac cheaper

High VM types – 16.5u and finer – no selection
17.0/18.5u – 15/20ac cheaper
19.0/20.0u – 10/15ac cheaper

Prems – 16.0/ 17.0u – no selection
17.5 / 18.5u – firm/unchanged
19.0 / 20.0u – 10/15ac cheaper

COMP. China/ Europe

Melbourne Market Report M40 – 31st March 2020

MARKET REPORT – Melbourne Sale M40

31/03/2020

On a good selection of better types/am’s and lower types /am’s in 16.0microns to 21.5 microns (mainly reoffers from previous sales) the market experienced one of its darker moments with all types and microns falling at best 50c and at worst 150c.
The competition was very weak and only came from 4 Chines buyers bidding with no enthusiasm.
Subsequently 44.7% of the Flc wool was passed in.

Best Merino skirtings finer than 17.5mic with less than 3% vm opened 80-100ac cheaper and then recovered as the sale progressed to close 60-70ac cheaper. 18.0 to 20.5mic pcs/bls with less than 4% closed 80-100ac with limited competition. Poorer style and higher VM skirtings closed 110-130ac cheaper.

Prems/Lambs in the 42-46HM range closed 70-80ac cheaper in the 17.5 to 19.5mic with very little competition from Chinese indent buyers. 48-56HM types closed 40/60ac cheaper. Odd lots CM/NM 20/30ac cheaper.

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 – minus 60/70ac
– poor types –minus 20/30ac

16.5u – spinners – no selection
– best style – no selection
– best/good style – minus 60ac
– poor types – minus 70ac

17.0u – spinners – no selection
– best style – no selection
– best/good style – minus 100/110ac
– poor types – minus 100/110ac

17.5u – spinners – no selection
– best style – no selection
– best/good style –minus 150ac
-Poor style – minus 120ac

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – minus 130ac
– poor types – minus 130ac

18.5u – best types – no selection
– best/good types – no selection
– good types – minus 130ac
– poor types – minus 110ac

19.0u – best/good types – minus 100ac
– poor types – minus 100ac

19.5u – best/good types – minus 110ac
– poor types – minus 90/100ac

20.0/20.5u – FNF sound types –minus 100ac
– Poorer types – minus 100ac

21.0/21.5u – FNF sound types – minus 110ac
– Poorer types – minus 100ac

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 50/60ac cheaper
18.5u/19.5u – 60/70ac cheaper

Low VM poor types – 16.5u/17.5u – 100/120ac cheaper
18.0u/18.5u – 80/100ac cheaper
19.0u/20.5u – 80/100ac cheaper

High VM types – 16.5u and finer – no selection
17.0/18.5u – 120/130ac cheaper
19.0/20.0u – 120/130ac cheaper

Prems – 16.0/ 17.0u – 60/70ac cheaper
17.5 / 18.5u – 40/50ac cheaper
19.0 / 20.0u – 70/80ac cheaper

COMP. China/ Europe

Melbourne Market Report M39 – 26th March 2020

MARKET REPORT – Melbourne Sale M39

26/03/2020

On a similar selection compared to the one yesterday the market started off 5/10ac cheaper but gained some ground especially for the ch -types and closed at 5/10ac dearer for ch- types in 17.0-21.5u and 5/10ac dearer for the better types/specs in 19.0-21.5u.
All other types are unchanged.
Again all driven by Chinese Indents.

Best Merino skirtings finer than 18.5mic with less than 3% vm attracted good competition to close 5/10ac dearer again today. 19.0 to 20.5mic pcs/bls with less than 4% vm closed generally unchanged. Poorer style and higher VM skirtings closed irregular today.

Prems/Lambs in the 42-46HM range closed fully firm in the 17.5 to 19.5mic range with good competition all sectors. 48-56HM types closed 5/10ac dearer in the 17.5 to 19.5mic range with strong comp from Chinese indent buyers. Odd lots CM/NM 10/15ac dearer.

FLEECE

15.5u – spinners – no selection
– best style – no selection
– best/good – minus 20ac
– poor types –unchanged

16.0u – spinners – no selection
– best style – no selection
– best/good – minus 10ac
– poor types –unchanged

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

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

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

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

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

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

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

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

21.0/21.5u – FNF sound types – plus 5ac
– Poorer types – plus 10ac

COMP. China

SKIRTINGS –

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

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

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

Prems – 15.5/ 16.0u – small selection 15/20ac dearer
16.5 / 18.5u – plus 10ac
19.0 / 20.0u – plus 5/10ac

COMP. China/ Europe

Melbourne Market Report M39 – 25th March 2020

MARKET REPORT – Melbourne Sale M39

25/03/2020

On a much improved selection compared to yesterday, with a good selection of 35-45nkt wools in 16.5u to 21.5u with reasonable to high yields, and a good selection of CH types in 15.0-20.5u the market registered a modest rise for most types and Microns.
Chinese Indents seem to be the main driver.
Like yesterday all European buyers are absent.

Best Merino skirtings finer than 18.0mic with less than 3% vm attracted good competition to close 5/10ac dearer again today. 18.5 to 20.5mic pcs/bls with less than 4% vm closed generally unchanged. Poorer style and higher VM skirtings closed 10/15ac cheaper.

Prems/Lambs in the 42-46HM range closed 10ac dearer in the 17.5 to 19.5mic range with good competition all sectors. 48-56HM types closed 10/15ac dearer in the 17.5 to 19.5mic range with strong comp from Chinese indent buyers. Odd lots CM/NM 15/20ac dearer.

FLEECE

15.5u – spinners – no selection
– best style – no selection
– best/good – firm
– poor types – plus 20/30ac

16.0u – spinners – no selection
– best style – no selection
– best/good – plus 20ac
– poor types –plus 10ac

16.5u – spinners – no selection
– best style – no selection
– best/good style – plus 20/30ac
– poor types – plus 20ac

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

17.5u – spinners – no selection
– best style – no selection
– best/good style –firm
-Poor style – plus 30ac

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

18.5u – best types – no selection
– best/good types – no selection
– good types – firm
– poor types – plus 20ac

19.0u – best/good types – plus 20ac
– poor types – plus 10ac

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

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

21.0/21.5u – FNF sound types – plus 10ac
– Poorer types – plus 10ac

COMP. China

SKIRTINGS –

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

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

High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 15/20ac
19.0/20.0u – minus 10/15ac

Prems – 15.5/ 16.0u – small selection 10/15ac dearer
16.5 / 18.5u – plus 10ac
19.0 / 20.0u – plus 5/10ac

COMP. China/ Europe

Melbourne Market Report M38 – 18th March 2020

MARKET REPORT – Melbourne Sale M38

18/03/2020

On an improved selection compared to yesterday, the market continued to struggle with values falling across all types and descriptions. Better types with favorable AM’s and good yields were less affected.

Best Merino skirtings finer than 18.0mic with less than 3% vm closed 60/70ac cheaper with limited competition today. 18.5 to 20.5mic pcs/bls with less than 4% vm closed 40/50ac cheaper. Poorer style and higher VM skirtings closed 70/80ac cheaper.

Prems/Lambs in the 42-44HM range closed 40/50ac cheaper in the 17.5 to 19.5mic range in another small offering today. 46-56HM types closed 20/30ac cheaper in the 17.5 to 19.5mic range with odd selection of CM/NM 15/20ac cheaper.

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 – minus 50/60ac
– poor types – minus 70ac

16.5u – spinners – no selection
– best style – no selection
– best/good style – minus 50ac
– poor types – minus 50/60ac

17.0u – spinners – no selection
– best style – no selection
– best/good style – minus 20/30ac
– good style – minus 50ac
– poor types – minus 100ac

17.5u – spinners – no selection
– best style – no selection
– best/good style –minus 30ac
– Good style – minus 60/70ac
– Poor style – minus 20/30ac

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – minus 100ac
– poor types – minus 50/60ac

18.5u – best types – no selection
– best/good types – no selection
– good types – minus 80ac
– poor types – minus 80/90ac

19.0u – best/good types – minus 50ac
– poor types – minus 50ac

19.5u – best/good types – minus 50ac
– poor types – minus 50ac

20.0/20.5u – FNF sound types – minus 50/60ac
– Poorer types – minus 50c

21.0/21.5u – FNF sound types – minus 50/60ac
– Poorer types – minus 40ac

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 60/70ac cheaper
18.5u/19.5u – 40/50ac cheaper

Low VM poor types – 16.5u/17.5u – 70/80ac cheaper
18.0u/18.5u – 50/60ac cheaper
19.0u/20.5u – 30/40ac cheaper

High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 70/80ac
19.0/20.0u – minus 50/60ac

Prems – 15.5/ 16.5u – no selection
17.0 / 18.5u – minus 40/50ac
19.0 / 20.0u – minus 20/30ac

COMP. China/ Europe

Melbourne Market Report M37 – 12th March 2020

MARKET REPORT – Melbourne Sale M37

12/03/2020

A broader and more stylish selection helped the market to stabilize today with improved competition all sectors. A small selection of 17.0 to 18.5mic good/best style closed 15/20ac cheaper. 19.0 to 21.0mic best/good style closed 5/10ac cheaper after opening firm with poorer style china types generally unchanged. A passed in rate of 30% in merino fleece also helped to create some stability in the market.

Merino skirtings finer than 18.0mic with less than 3% closed 15/20ac cheaper. 18.5 to 20.5mic pcs/bls with less than 4% vm closed generally unchanged. Poorer style and higher VM skirtings closed 20/30ac cheaper.

Prems/Lambs in the 42-44HM range closed 20/30ac cheaper in the 17.5 to 19.5mic range in a more reasonable offering today. 46-56HM types closed 15/20ac cheaper in the 17.5 to 19.5mic range with odd selection of CM/NM 10/15ac cheaper.

FLEECE

15.5u – spinners – no selection
– best style – no selection
– best/good – unchanged  FOX
– poor types – unchanged

16.0u – spinners – no selection
– best style – no selection
– best/good – no selection
– poor types – minus 10ac

16.5u – spinners – no selection
– best style – no selection
– best/good style – minus 15/20ac
– poor types – minus 10/15ac

17.0u – spinners – no selection
– best style – no selection
– best/good style – minus 20/30ac
– good style – minus 15/20ac
– poor types – unchanged

17.5u – spinners – no selection
– best style – no selection
– best/good style –no selection
– Good style – minus 15/20ac
– Poor style – minus 15/20ac

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – minus 15/20ac
– poor types – minus 15/20ac

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

19.0u – best/good types – minus 10/15ac
– poor types – plus 5/10ac

19.5u – best/good types – minus 10/15ac
– poor types – unchanged

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

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

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 20/30ac cheaper
18.5u/19.5u – 15/20ac cheaper

Low VM poor types – 16.5u/17.5u – 30/40ac cheaper
18.0u/18.5u – 25/30ac cheaper
19.0u/20.5u – 15/20ac cheaper

High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 20/30ac
19.0/20.0u – minus 15/20ac

Prems – 15.5/ 16.5u – no selection
17.0 / 18.5u – minus 20/30ac
19.0 / 20.0u – minus 15/20ac

COMP. China/ Europe

Melbourne Market Report M37 – 11th March 2020

MARKET REPORT – Melbourne Sale M37

11/03/2020

In a mostly good/best topmaking selection of 17.5 to 19.5mic and a broader selection of lower style Chinese types the market dropped sharply today. Good/best style 17.5 to 18.5mic 25/30ac cheaper with reasonable competition. 19.0 to 21.0mic good/best style 30/40ac cheaper with poorer style china types 50/70ac cheaper.

Merino skirtings finer than 18.0mic with less than 3% under pressure today with less competition and finished the day 40/50ac cheaper. 18.5 to 20.5mic pcs/bls with less than 4% vm closed 50/70ac cheaper. Poorer style and higher VM skirtings closed 60/80ac cheaper with less competition from the topmakers.

Prems/Lambs in the 42-44HM range closed 60/70ac cheaper in the 17.5 to 19.5mic range in a more reasonable offering today. 46-56HM types closed 50/60ac cheaper in the 17.5 to 19.5mic range with odd selection of CM/NM 40/50ac cheaper.

FLEECE

15.5u – spinners – no selection
– best style – no selection
– best/good – minus 30ac
– poor types – minus 40/50ac

16.0u – spinners – no selection
– best style – no selection
– best/good – minus 40/50ac  FOX
– poor types – minus 70ac

16.5u – spinners – no selection
– best style – no selection
– best/good style – no selection
– poor types – minus 50/60ac

17.0u – spinners – no selection
– best style – no selection
– best/good style – no selection
– good style – minus 50/60ac
– poor types –minus 70ac

17.5u – spinners – no selection
– best style – no selection
– best/good style –no selection
– Good style – minus 30/40ac
– Poor style – minus 70/80ac

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – minus 30/40ac
– poor types – minus 50/60ac

18.5u – best types – no selection
– best/good types – no selection
– good types – minus 20/30ac
– poor types – minus 50/60ac

19.0u – best/good types – minus 20/30ac
– poor types – minus 40/50ac

19.5u – best/good types – minus 20/30ac
– poor types – minus 40/50ac

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

21.0/21.5u – FNF sound types – minus 30ac
– Poorer types – minus 30/40ac

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 70/80ac cheaper
18.5u/19.5u – 50/60ac cheaper

Low VM poor types – 16.5u/17.5u – 80/100ac cheaper
18.0u/18.5u – 60/70ac cheaper
19.0u/20.5u – 50/60ac cheaper

High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 60/70ac
19.0/20.0u – minus 70/80ac

Prems – 15.5/ 16.5u – no selection
17.0 / 18.5u – minus 40/50ac
19.0 / 20.0u – minus 60/70ac

COMP. China/ Europe