Brought to you by AG Concepts

Monday, February 22, 2016

Riemann Wool Forwards – week ending 19/2/2016

By Matt Dalgleish  |  Source: Riemann

Key points

2016-02-16 Riemann Wool Forwards Table 1

Orders filled this week on the Riemann platform for the middle of the year in both the 19 and 21 micron categories.

Early July tenor saw the 19-mpg trade at 1400¢ and the 21-mpg dealt at 1400¢ for maturity in mid-July 2016. This week also saw some growers taking advantage of the ability to place linked orders across different micron categories enabling them to access buyers within the different micron categories for the same clip.

These linked orders are called OCO or “one cancels other” orders and there is no danger of getting hit on both sides of the order as the other leg is automatically cancelled as soon as the other linked order is dealt upon.

For more information on how to use an OCO order please call us at Mecardo.

Podcast - Webtile

 

Services -brochure -web -tile

Northern MPG
Northern MPG

Want to see more ?

Go to Wool data

Southern MPG
Southern MPG

Want to see more ?

Go to Wool data

Western MPG
Western MPG

Want to see more ?

Go to Wool data

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. 

x

Sign up for a FREE BASIC SUBSCRIPTION now to read this article.

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!