Brought to you by AG Concepts

Friday, November 17, 2017

Weekly Wool Forwards – week ending 17th November 2017

By Mily Wilson  |  Source: Ag Concepts, Riemann

Key points

2017-11-17 Wool Fig 1

After the spike in forward trades last week, the wool market has reverted to just a handful of trades this week.

The following sub categories in fine wool spectrum had trades this week:

18 micron saw two deals at 2150¢ and 2125¢ for June and August, 2018 respectively. 18.5 micron at 2120¢ for November 2017 and 19 micron had three contracts at 1940¢, 1910¢ and 1840¢ for January, April and August 2018.

While Medium micron fibres saw trades only in 21 micron category, which was dealt at 1570¢ and 1560¢ for May and April, 2018.

There were no minimum price contracts.

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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