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MARKET REPORT – Melbourne Sale M34

19/02/2020

Compared to M33 today’s market showed good support for better types/am lots with low CVH in 18.0 microns and finer with selected lots displaying NM status attracting high premiums.
Lower types/AM with higher CVH lost ground and closed 10ac cheaper.
After a strong start ,18.5-19.5u lost ground as the sale progressed and closed slightly cheaper.
20.0-21.5u remained unchanged

Merino skirtings finer than 17.5mic and less than 3% attracted strong competition from Chinese indent buyers to close fully firm today .18.0 to 19.5mic pcs/bls with less than 4% vm closed 10/15ac cheaper. Poorer style and higher VM skirtings closed 15/20ac cheaper with less competition from the topmakers.

Prems/Lambs in the 42-44HM range closed 15/20ac cheaper in the 17.5 to 19.0mic range in a small selection today. 46-56HM types closed 10/15ac cheaper in the 17.5 to 19.5mic range with odd CM/NM lots fully firm.

FLEECE

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

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

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

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

17.5u – spinners – no selection
– best style – no selection
– Good style – plus 10ac
– Poor style – minus 10ac

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

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

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

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

20.0/20.5u – FNF sound types – unchanged
– Poorer types –irregular

21.0/21.5u – FNF sound types – irregular
– Poorer types – irregular

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – Fully Firm
18.5u/19.5u – Fully Firm

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

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

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

COMP. China/ Europe