By Matt Dalgleish | Source: Riemann
The Australia day holiday and a softer end to the week for wool auctions prices conspired to see Riemann somewhat lacking in action.
Despite the subdued market there has been some exciting action to report. This week along with the regular trade summary table we are pleased to present the 21-micron forward curve. In simple terms the curve represents an indication of where the forward market prices sit for 21 mpg in relation to future tenor dates. It will allow the user to identify an approximate mid-point in prices for a given future timeframe.
The curve is prepared by the team at Riemann through a calculation of the various bids/offers and price information on the Riemann system.
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