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Friday, March 23, 2018

Weekly Wool Forwards – week ending 23rd March 2018

By Olivia Agar  |  Source: Mecardo, Riemann

Key points

2018-03-23 Wwf Fig 2

This week activity in the wool forwards market proved again to be subdued. Just two trades were dealt in the fine wool category.

One contract for 19.5 micron wool traded at 2,065¢ with a March 2018 maturity. The single other trade was for 21 micron wool which was agreed at 1,875¢, again with a short term expiry of March 2018.

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. 

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