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Friday, September 16, 2016

Riemann Wool Forwards – week ending 16/09/2016

By Matt Dalgleish  |  Source: Riemann

Key points

2016-09-16 Forwards Fig 1

The lower A$ earlier in the week saw a flurry of action on the Riemann wool forward platform across 18.5, 19, 19.5 and 21 micron categories.

Trading for 18.5 mpg at 1520¢ was noted for maturity Oct 2016.

The 19-micron fleece saw dealing for Nov 2016 at 1500¢ and Jan 2017 at 1455¢.

November 2016 in the 21 mpg saw trades at 1420¢ and for October 2016 at 1450¢. January through to June 2017 traded within a 1395¢ -1400¢ range.

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