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Saturday, April 23, 2016

Riemann Wool Forwards – week ending 22/04/2016

By Matt Dalgleish  |  Source: Riemann

Key points

2016-04-22 Riemann Update Fig 1

A rally in the A$ toward 78US¢ saw wool auction markets fairly subdued and this lacklustre interest flowed through to the futures to see limited action this week.

The 21 micro category saw some fresh grower orders placed at 1360¢ for late September 2016 but on the whole the week passed by reasonably uneventful.

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