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Friday, August 05, 2016

Riemann Wool Forwards – week ending 05/08/16

By Matt Dalgleish  |  Source: Riemann

Key points

2016-08-05 Riemann 1

The physical wool auctions start again next week after the winter recess and the three week break along with the higher A$ took its toll on wool forward trading this week.

Consequently, here was not any trading on the Riemann platform this week. However, some grower orders have been placed in the 21 micron category for a May 2017 maturity at 1370¢ and 1400¢/kg clean.

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