Cape Mohair Report 02/06/2020
2nd June 2020
At today’s Cape Mohair Sale there were 681 bales (91 tons) offered with an excellent 84% clearance.
Kid mohair was 1% dearer.
Young Goat mohair was 4% easier.
Adult mohair was 3% easier.
The next sale will be MONDAY 15th June.
Cape Mohair Report 19/05/2020
19th May 2020
The last actual sale was 17th March 2020, the 2 sales in April (7TH & 28th) were cancelled due to the global pandemic. A decision was taken to hold a sale today to keep money flowing to farmers. There were 598 bales offered and 567 bales sold = 95%. An excellent result in very trying circumstances. The European topmakers were largely absent.
Fine kids were firm.
Young goats were 6/8% easier.
Adult was 5% easier.
The next sale will be held 2nd June when 95 Tons will be offered.
Cape Mohair Report 17/03/2020
Today’s Cape Mohair sale there was a good clearance of 90pct sold despite current changing situation around the world. In local currency terms we quote as follows:
3/4% easier on Kids 23/28mic
Unchanged from previous auction levels on Strong Kids/Fine Y. Goats 29/32mic
3% easier on Fine Adult 33/5mic
Unchanged on Stronger Adult 36+ microns.
There is now a 4 week break before our next sale on the 7th April.
Cape Mohair Report 03/03/2020
There was very good completion for kid and young goat qualities at today’s sale.
The adult mohair was less in demand but all sold at higher levels.
We quote the market in local currency as:
Fine kids 5/6% dearer
Stronger kids/Young goats 4% dearer.
Adult 3% dearer
Next sale will be held in 2 weeks’ time
Cape Mohair Report 11/02/2020
Today’s sale was for late receipts of mohair from last season resulting in a slightly reduced offering.
The market is quoted below in local currency but with the weakening rand rate prices are relatively unchanged from the last sale of the season held in December.
5% dearer on Kids
4/6% dearer on Y. Goat Types
2/3% dearer on Adult/Fine Adult Types
The next auction will be held on 3rd March with a more usual selection of hair from new season clip.
Cape Mohair Report 03/12/2019
At the last cape mohair sale of this season, there was good all-round competition for the limited quantity on offer.
We quote the market in comparison with the last sale:
Kid types 1% dearer on all qualities
Young goats 1-2% easier
Adult/Fine adult firm unchanged
There will be no mohair offered for sale now until mid-February 2020.
Cape Mohair Report 19/11/2019
At today’s cape mohair sale all qualities offered attracted good interest from buyers.
We quote the market compared with last auction.
Find kids firm unchanged
Strong kids/fine young goats buyers favour
Strong young goats 2% dearer
Adult types fully firm
The last auction of this season will be held on 4.12.19 with a reduced offering comprising of the usual end of season hair
Cape Mohair Report 5/11/2019
At today’s cape mohair sale, the market opened fully firm compared to previous auction levels.
It closed with all types firm to 1-2% dearer, when considering that many lots were not the best style and yield the market would have to be considered more expensive still for all qualities.
Next auction will be held on 19th November with a larger and more attractive offering available.
We quote today’s sale as follows:
Kid types firm unchanged
Young Goats 1% easier
Adults firm unchanged
The next sale will be held on 5th November 2019 with a reduced offering available. This smaller quantity of hair is also expected on the 2 remaining sales of this season due to lower receipts than anticipated.
There was a less attractive offering of hair at today’s auction with many lots suffering from the drought conditions prior to clipping.
None the less fine kid qualities were 2% higher in price.
Young goats were 2% easier with adult types firm unchanged from previous sale levels.
The next sale will be held 15th October 2019 with better lots expected and an overall weight of 150 tons available.