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Friday, July 15, 2016

Riemann Wool Forwards – week ending 15/07/16

By Matt Dalgleish  |  Source: Riemann

Key points

2016-07-15 Wooo , Forwards

Mid-week trading on the Riemann platform in the 19 and 21-micron classes and increased orders placed by growers this week as the softer auction market encourages them to pick a selling level.

August 2016 maturity contracts traded at 1495¢/kg in the 19 mpg and late November saw 1350¢ dealing for the 21-microns.

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