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Friday, October 12, 2018

Weekly Wool Forwards – week ending 12th October 2018

By Nathan Denny  |  Source: Mecardo, Riemann

The wool forwards market volumes picked up this week after being rather sluggish the past fortnight. This week showed a few trades on 18 and 21 micron fibres. In total eleven contracts traded. The Aussie dollar remains at favorable levels for overseas buyers despite a light rally towards the end of this week.

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Northern MPG
Northern MPG

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Southern MPG
Southern MPG

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Western MPG
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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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