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MARKET REPORT – Melbourne Sale M38

21/03/2019

A mainly good/best topmaking selection of 17.5 to 19.5mic again under pressure today with Chinese indent buyers less active. 20.0 to 21.5mic opened generally unchanged and then eased slightly as sale progressed to close 5/10ac cheaper. Another large offering of lower yielding drought affected wools also eased 10/15ac with less competition from the topmakers.

Fine Merino skirtings with less than 4%vm followed the fleece to close 10/15ac cheaper today. Poorer and lower style wools carrying higher vm closed 20/30ac cheaper.

Prems and lamb’s types in the 42-44HM range closed with finer microns 10/15ac cheaper and 19.0mic & coarser 15/20ac cheaper. Longer lambs/prems in the 46-54HM range closed with finer microns 10ac cheaper & 19.0 to 20.0mic 10/15ac cheaper in a larger selection today.

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 – no selection
– poor types – Unchanged

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

17.5u – spinners – no selection
– best style – no selection
– best-good types – minus 10/15ac
– Poor style – unchanged

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

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

19.0u – best/good types – minus 10/15ac
– poor types – minus 15/20ac

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

20.0/20.5u – FNF sound types – minus 10/15ac
– Poorer types – minus 15ac

21.0/21.5u – FNF sound types – minus 10/15ac
– Poorer types – minus 15ac

COMP. China

SKIRTINGS –

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

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

High VM types – 16.5u and finer – 30/40ac cheaper
17.0/18.5u – 25/30ac cheaper
19.0/20.0u – 25/30ac cheaper

Prems – 16.0/ 17.0u – 10/15ac cheaper
17.5 / 18.5u – 10ac cheaper
19.0 / 20.0u – 10/15ac cheaper

COMP. China/ Europe