Mecardo Analysis - Weekly Wool Forwards for week ending 14th December 2018
- By: "Farm Tender" News
- Ag Tech News
- Dec 14, 2018
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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¢.
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¢.
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