By Mily Wilson | Source: Ag Concepts, Riemann
The wool forward market has kept going without an active physical wool market. There were four deals, each in fine and medium wool category.
18 micron saw a deal at 2120¢ for August 2018. And 18.5 micron at 2125¢ for April 2018. While there were two more from fine category of microns at 1960¢ and 1910¢ for May and August 2018 respectively. Both these trades were for 19 micron wool.
The trades for 21 micron wool ranged between 1630¢ and 1670¢. Two deal for April 2018 at 1670¢, one for June at 1650¢ and another one for July 2018 at 1630¢.
This week didn’t see any action in options market.
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.
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!