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Friday, February 24, 2017

Weekly Wool Forwards - week ending 24th Feb

By Matt Dalgleish  |  Source: Riemann

Key points

2017-2-24  Forwards Fig 1

A stable to firmer auction market this week encouraged some action on the forward trading platform with trades noted across the medium to fine end of the spectrum.

18.5 micron dealt at 1810¢ for June 17.

19 mpg contracts traded at 1755¢ for April 17, 1630¢ for November 17 and between 1595-1625¢ for June 2018.

19.5 micron saw a contract set at 1650¢ for April 17.

The 21 micron traded between 1430-1435¢ for March 17 and at 1410¢ for May 17.

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