Brought to you by AG Concepts

Monday, June 13, 2016

Riemann Wool Forwards – week ending 10/06/2016

By Matt Dalgleish  |  Source: Riemann

Key points

2016-06-13 Riemann Fig 1

A higher A$ translated to a softer auction market this week and this flowed onto the forward market to see lower volumes traded.

The 19 micron saw late October 2016 deal at 1410¢/kg clean.

Some grower orders came in for the 21 micron in the near date for July 2016 at 1380¢.

Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 


Sign up for a FREE BASIC SUBSCRIPTION now to read this article.

Mecardo will send you its latest market analysis outlook delivered to your Inbox as it's published.  You will also receive one month Premium access for free.

You tell us what information you want to hear about, so you'll only be alerted to information that is relevant to you.

Learn more about Mecardo Sign Up Now!