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Friday, February 10, 2017

Weekly Wool Forwards – week ending 10th Feb

By Matt Dalgleish  |  Source: Riemann, ACA

Key points


Most of this week's forward action was limited to the finer and, for a pleasant change, the coarser fibres.

The 19 micron category saw most of the activity with March 2017 trading between 1730-1750¢. April 2017 also saw some volume with a 1710¢ forward sale noted. September 2017 saw trading go through at 1640¢.

The 21 micron only had the one contract set at 1400¢ for June 2017, although a good clip at 14 tonnes.

The 28 mpg class traded at 660¢ for an April 2017 maturity.

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