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Mecardo Analysis - Weekly Wool Forwards for week ending 30th November 2018

By Olivia Agar | Source: Riemann, Mecardo.

With a sideways week at the physical wool market, the forwards market took a back seat. Just a single contract traded.

A 19 micron contract traded at 2,035¢ with a maturity of August 2019.

2018-11-30 Weekly Wool 1

No minimum price contracts traded this week.

In other news, there’s a new player in the Australian forwards market; cotton. The contracts opening week saw two sales, well and truly overshadowing the wool forwards.
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