Brought to you by AG Concepts

Friday, May 12, 2017

Weekly Wool Forwards – week ending 12th May 2017.

By Mily Wilson  |  Source: Ag Concepts, Riemann

Key points

Woolfwd1

After hectic wool forward market last week, this week seems to have lost its momentum. Only a handful of trades going through in fine and medium fibre wools.

Out of the five trades this week, two were for 19 micron and other three for 21 micron wool. Both the 19 micron wool traded at 1870¢ for August 2017. And the 21 micron wool traded at 1415¢ and 1435¢ for August 2017, while at 1425¢ for October 2017. There were no minimum price contracts traded this week.

For those with an interest in the finer classes of wool the Riemann platform have announced a new 18 micron contract available for forwards and MPC trading as of next week.

Northern MPG
Northern MPG

Want to see more ?

Go to Wool data

Southern MPG
Southern MPG

Want to see more ?

Go to Wool data

Western MPG
Western MPG

Want to see more ?

Go to Wool data

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. 

x

Sign up for a FREE BASIC SUBSCRIPTION now to read this article.

Mecardo will send you its latest market analysis outlook delivered to your Inbox as it's published.  You will also receive one month Premium access for free.

You tell us what information you want to hear about, so you'll only be alerted to information that is relevant to you.

Learn more about Mecardo Sign Up Now!