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Friday, January 13, 2017

Weekly wool forwards for the week ending 13th Feb 2017

By Matthew Dalgleish  |  Source: Riemann, ACA

Key points

Wool4

A solid physical market translated into activity in the forward market for the first trading week of 2017 with trades noted in the 18.5, 19 and 21 micron categories.

The 18.5 micron dealt at 1720¢ for a March 2017 maturity.

In the 19 mpg February 2017 dealt at 1635¢, March 2017 ranged between 1635¢ to 1660¢, September 2017 was dealing at 1580¢. There were also trades noted for 2018 with January at 1575¢ and March at 1550¢.

21 micron contracts were noted at 1425-1450¢ for February 2017, 1450¢ for March 2017, 1420-1442¢ for April 2017, 1405-1440¢ for May 2017 and as high as 1420¢ for June 2017.

Northern MPG
Northern MPG

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Southern MPG
Southern MPG

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Western MPG
Western MPG

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