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Friday, August 26, 2016

Riemann Wool Forwards – week ending 26/08/16

By Matt Dalgleish  |  Source: Matt Dalgleish

Key points

2016-08-26 Riemann Fig 1

An active week on the Riemann Wool Forwards platform this week as new participants bring added volume, tighter bid/offer spreads and prices in some microns for every week from now out until mid-June 2017.

In the 21-micron grower orders were filled for October 2016 from 1395¢ to 1430¢. September 2016 traded from 1420¢ to 1440¢. Dealing was noted too in early May 2017 at 1370¢.

In the 19 mpg November 2016 and March 2017 dealt at 1450¢, while the 28 micron saw 750¢ deal for mid-Dec 2016.

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