Brought to you by AG Concepts

Thursday, October 27, 2016

Weekly Wool Forwards – week ending 28/10/16

By Matthew Dalgleish  |  Source: Riemann

Key points

2016-10-28 Forwards

Some good volume on the forward platform this week in fine and medium fibres as stable and solid physical trading flowed through into forward trading.

The 19-micron fleece saw grower contracts set between 1525-1532¢ from January through to March 2017 and a 19.5 mpg contract dealing at 1520 for November 2016.

The 21 micron category had deals for a November 2016 maturity between 1400-1420¢, December 2016 at 1400¢ and March 2017 trading at 1385¢.

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!