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Friday, October 14, 2016

Riemann Wool Forwards – week ending 14/10/16

By Matt Dalgleish  |  Source: Riemann

Key points

2016-10-14 FORWARDS

A flurry of activity in the Riemann forward market in the finer fibre end late this week as the physical auction market rallied on Thursday.

The 19-micron contract saw trades maturing in April 2017 trading at 1500¢ and May 2017 dealing at 1505¢. While the 19.5 mpg had a November 2016 grower order set at 1495¢.

In the medium fleece the 21-micron contract dealt at 1410¢ for November 2016 and 1390¢ for maturity February 2016.

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