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Friday, July 22, 2016

Riemann Wool Forwards – week ending 22/07/16

By Matt Dalgleish  |  Source: Riemann

Key points

2016-07-22 Wool Forwards Fig 1

The lower A$ prompted some exporter buying this week on the Riemann platform despite there being a three-week recess in the physical market.

The 21-micron traded for maturities September through to November 2016. Late September dealing at 1400¢/kg, October traded between 1375-1380¢ and late November dealt at 1360¢/kg.

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