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MARKET REPORT – Melbourne Sale M41

08/04/2020

On a broader selection compared to yesterday but again with a good mix of better and lower types/am’s in 17.0microns to 21.5 microns the market achieved gains of 20/40ac across the board but started to ease just a little towards the end of the sale. The competition however remained restricted to just 3-4 companies buying for Chinese interests.

Today’s passed in rate was 11% in the Flc, but again about 10-15% of the offering was withdrawn before the sale.

Best Merino skirtings finer than 17.5mic with less than 3% vm attracted strong competition from Chinese indent buyers to close 20/30ac dearer today. 18.0 to 20.5mic pcs/bls with less than 4% vm closed 10/5ac dearer with good competition from the topmakers. Poorer style and higher VM skirtings closed 5/10ac dearer.

Prems/Lambs in the 42-44HM range closed 10/15ac dearer in the 17.5 to 19.5mic with improved competition from Chinese interests. 46-54HM types closed 15/20ac dearer. Odd lots CM/NM 20/30ac dearer.

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 – plus 20/30ac
– poor types – plus 20/30ac

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

17.5u – spinners – no selection
– best style – no selection
– best/good style –plus 30ac
-Poor style – plus 30ac

18.0u – spinner & best types – no selection
– best/good types – no selection
– Good style – plus 30ac
– poor types – plus 20ac

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

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

19.5u – best/good types – plus 20ac
– poor types – plus 30/40ac

20.0/20.5u – FNF sound types –plus 30/40ac
– Poorer types – plus 40c

21.0/21.5u – FNF sound types – plus 40ac
– Poorer types – plus 20ac

COMP. China

SKIRTINGS –

Best Length/Low VM types 16.5u/17.5u – 20/30ac dearer
18.5u/19.5u – 20/25ac dearer

Low VM poor types – 16.5u/17.5u – no selection
18.0u/18.5u – 10/15ac dearer
19.0u/20.5u – 5/10ac dearer

High VM types – 16.5u and finer – no selection
17.0/18.5u – 10ac dearer
19.0/20.0u – 5/10ac dearer

Prems – 16.0/ 17.0u – odd lots 25/30ac dearer
17.5 / 18.5u – 15/20ac dearer
19.0 / 20.0u – 10/15ac dearer

COMP. China/ Europe