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Friday, December 07, 2018

Weekly Wool Forwards for week ending 7th December 2018

By Trent Severin  |  Source: Riemann, Mecardo

Key points

2018-12-07 Weekly Wool 1

Increased activity noted in the wool futures market this week with seven contracts traded in total through mid and course fiber categories.

The 19 micron fibres had one contract traded for January 2019 for 2160¢.

21 Micron fibres had two contracts traded. 12 December 2018 at 2,125¢ and March 2019 at 2100¢.

28 micron fibres saw two contracts traded for March and April 2019, both at 900¢. Similarly, 30 micron fibres saw two contracts traded for March and April 2019, both at 730¢.

No minimum price contracts or 18 micron futures contracts were traded this week.

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. 


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