By Matt Dalgleish | Source: Riemann
The physical wool market held its ground this week despite a higher A$, to see medium fibres post 15-25¢ gains. This flowed through into the forward market to see some action in the 21-micron contract for mid-August 2016 trading at 1380¢/kg.
There were some grower orders placed during the week in the 21-micron category for April 2017 at 1300¢/kg and for early November 2016 at 1325¢/kg.
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