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¢.

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