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MARKET REPORT – Melbourne Sale M32

5/02/2020

After a cautious opening hour of selling the market actually finished with some positive gains today. Good/best topmaking finer types with favourable am’s attracted strong competition to close 20/30ac dearer. Poorer style Chinese types after opening 30/40ac cheaper finished the day firm/unchanged with increased competition from indent buyers as the sale progressed. 19.5 mic and broader also moved higher with selected best/good style lots up to 20ac dearer.

Merino skirtings finer than 17.5mic and less than 3% vm opened with better competition all sectors today to close 10/15ac dearer. 18.0 to 19.5mic pcs/bls with less than 4% vm closed generally unchanged after opening slightly cheaper. Poorer style and higher VM skirtings closed generally unchanged.

Prems/Lambs in the 42-44HM range closed firm/unchanged in the 16.5 to 18.5mic range in a limited selection today. 46-56HM types closed generally 10/15ac dearer in the 18.0 to 19.5mic range with odd CM/NM lots 30/40ac dearer.

FLEECE

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

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

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

17.0u – spinners – no selection
– best style – no selection
– best/good style – plus 30/40ac
– good style – plus 20ac
– poor types – firm

17.5u – spinners – no selection
– best style – no selection
– best/good style – plus 20ac
– Good style – plus 30ac
– Poor style – firm

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

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

19.0u – best/good types – plus 20/25ac
– poor types – plus 10ac

19.5u – best/good types – plus 20ac
– poor types – plus 10ac

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

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

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – plus 15/20ac
18.5u/19.5u – plus 10/15ac

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

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

Prems – 15.5/ 16.5u – no selection
17.0 / 18.5u – plus 10/15ac
19.0 / 20.0u – plus 10ac

COMP. China/ Europe