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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