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Friday, November 20, 2015

Riemann wool forwards - week ending 20/11/15

By Robert Herrmann  |  Source: Riemann

The wool market held stable week on week resulting in a quiet week on forward markets. The Riemann Wool Forward market received good bidding from exporters. Growers, however, remained firm with their offers 30 to 40c/kg above the bid. The 21 MPG contract out to June 2016 was bid at or close to the spot auction price, with 1300 cents available well into next year.

2015-11-20 Riemann TBL 1

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