Farm Tender

Mecardo Analysis - Weekly Wool Forwards for week ending 14th December 2018

By Olivia Agar | Source: Riemann, Mecardo. 

The last week of physical wool auctions before the Christmas recess saw steady activity on the forwards market with just five trades.

19 micron wool traded at 2,110¢ and 2,155¢ for May 2019. A trade for June 2019 was also struck at 2,125¢.

2018-12-14 Weekly Wool 1

A single contract for 20 micron traded with a maturity date of February 2019 at 2,155¢.

A coarse fibre trade also dealt for 28 micron wool at 860¢.

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


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