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Friday, September 22, 2017

Weekly Wool Forwards – week ending 22nd September 2017

By Olivia Agar  |  Source: Riemann, ACA

Key points

2017-09-22 Wool Fwd Fig 1

The forward market was quite subdued again this week, echoing the flatlined physical market. No traders were looking to lock in too far ahead with all contracts dealt for later this year.

Three forward trades spanned the week, all in the 21 Micron category. Two deals for November 2017 were struck at 1,530¢ and 1,540¢. A December 2017 contract also traded, again at 1,540¢. 

No minimum price contracts traded this week.

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