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MARKET REPORT – Melbourne Sale M36

05/03/2020

Today’s market started to react to the very large offering of yesterday and today.
Only a limited amount of better style wool with favorable AM and /or CM,NM status held their value, all other types and Microns were cheaper.
Subsequently the passed in rate increased to 37.7% in the Flc

Merino skirtings finer than 18.0mic with less than 3% under pressure today with less competition and finished the day 25/30ac cheaper. 18.5 to 20.5mic pcs/bls with less than 4% vm closed 40/50ac cheaper. Poorer style and higher VM skirtings closed 30/40ac cheaper with less competition from the topmakers.

Prems/Lambs in the 42-44HM range closed 30/40ac cheaper in the 17.5 to 19.5mic range in a more reasonable 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 – unchanged
– poor types – irregular

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

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

17.0u – spinners – no selection
– best style – no selection
– best/good style – firm
– good style – minus 10/20ac
– poor types –minus 50ac

17.5u – spinners – no selection
– best style – no selection
– best/good style –firm
– Good style – minus 50ac
– Poor style – minus 50/60ac

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

18.5u – best types – no selection
– best/good types – firm
– good types – minus 30/40ac
– poor types – minus 20ac

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

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

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

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

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 25/30ac cheaper
18.5u/19.5u – 30/40ac cheaper

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

High VM types – 16.5u and finer – no selection
17.0/18.5u – minus 30/40ac
19.0/20.0u – minus 30/40ac

Prems – 15.5/ 16.5u – no selection
17.0 / 18.5u – minus 20/30ac
19.0 / 20.0u – minus 25/35ac

COMP. China/ Europe