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Friday, December 22, 2017

Weekly Wool Forwards – week ending 22nd December 2017

By Mily Wilson  |  Source: Ag Concepts, Riemann

Key points

2017-12-22 Wwf Fig 1

The wool forward market has kept going without an active physical wool market. There were four deals, each in fine and medium wool category.

18 micron saw a deal at 2120¢ for August 2018. And 18.5 micron at 2125¢ for April 2018. While there were two more from fine category of microns at 1960¢ and 1910¢ for May and August 2018 respectively. Both these trades were for 19 micron wool.

The trades for 21 micron wool ranged between 1630¢ and 1670¢. Two deal for April 2018 at 1670¢, one for June at 1650¢ and another one for July 2018 at 1630¢.

This week didn’t see any action in options market.

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