Brought to you by AG Concepts

Friday, September 15, 2017

Weekly Wool Forwards – week ending 15th September 2017

By Matt Dalgleish  |  Source: Ag Concepts, Riemann

Key points

2017-09-15 Wool Fwd Fig 1

A weaker auction market saw trades on the forwards dry up a little this week, with only some action noted in the 18.5 micron – not usually a heavily traded micron for the forwards.

A total of four trades went through from Dec 2017 through to June 2018. Dec 2017 traded at 1930¢/kg clean, Feb 2018 saw two trades at 1900¢ and 1920¢, while June 2018 has a grower get set at 1880¢.

No minimum price contracts traded this week.

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. 


Sign up for a FREE BASIC SUBSCRIPTION now to read this article.

Mecardo will send you its latest market analysis outlook delivered to your Inbox as it's published.  You will also receive one month Premium access for free.

You tell us what information you want to hear about, so you'll only be alerted to information that is relevant to you.

Learn more about Mecardo Sign Up Now!