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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¢.

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