Brought to you by AG Concepts

Friday, June 16, 2017

Weekly Wool Forwards - week ending 16th June 2017

By Matt Dalgleish  |  Source: Ag Concepts, Riemann

Key points

2017-06-16 Wool Forward Fig 1

A rising spot wool market allowed a few grower contracts to get set on the forward market this week in the 19 and 21 micron categories as far out as 2019.

The 19-micron class saw action for August 2017 maturity between 1800-1830¢, August 2018 maturity at 1675¢, January 2019 maturity at 1650¢ and March 2019 maturity at 1630¢.

In the 21-micron category trades were noted for July 2017 at 1495¢, August 2017 at 1460¢, September 2017 between 1420-1420¢ and for October 2017 at 1420¢

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