CAPE REPORT

19th March 2019
USD1.00 = Rand 14.4445

At today’s sale there was good competition from all Buyers on a much improved overall selection.

In S.A. Rand terms the market was:

Fine Kids 23/26 mic 2/3% easier
Stronger Kids 27/9 mic 2/3% easier
Fine Y. Goats 30/32 mic Par to 1% dearer
Strong Y. Goats 33 mic 5% dearer
Fine Adult/Adult Par to 1% easier

Our next sale will be held on the 16th April with approximately 160 tons to be auctioned.

CAPE REPORT

At today’s cape mohair sale there was a lot of interest and keen competition on Kid and Young Goat qualities. We quote the market as follows:

Fine Kids 26mic and finer – 10% dearer

Stronger Kids/Y. Goats 27/32mic – 5/6% dearer

Adult Types firm/unchanged

We are expecting a more normal size offering of approximately 160 tons to be available on the next sale which is being held on 19th March.

CAPE REPORT

At the last sale of this season the limited offering combined with the stronger SA Rand resulted in the following:

Kids fully firm/unchanged with last sale levels.

Adult mohair up to 5% easier with young goat qualities buyers favour /2% easier.

There will be no further opportunity to buy mohair until the 1st sale of the new season which will be held mid-February 2019.

CAPE REPORT

With the smaller offering at today’s auction there was very good interest for all qualities.

We quote as follows:

Fine Kids 3 to 4% dearer

Stronger Kids/Fine Young Goats 2% higher

Strong Young Goats/Adult were firm/unchanged from last sale levels

The last remaining sale of this season will be held on the 4th December with another smaller offering of around 70/80 tons available.

CAPE REPORT

Today’s cape mohair sale was unchanged overall on most types when compared to the previous auction.

The limited offering of better quality hair did command a slight premium over the more average quality lots available.

In line with expectations, as we reach the end of the season supply is significantly reduced.

The next sale will be held on 20th November and will contain a reduced offering of around 70/80 tons.

CAPE REPORT

Today’s auction results as follows in S.A. Rand terms:

Fine Kids 1-2% dearer

Stronger Kids/Fine Young Goats 1 -2% easier than last sale.

Strong Young Goat/Adult 2% easier.

Overall there was good competition for all qualities and with a reduced sale of less than 100 tons being held on 6th November there remains limited mohair stocks towards the end of the season.

CAPE REPORT

Today’s auction results as follows:

Fine Kids 25/28 micron 29/33 mic fully firm to 1% dearer.

Stronger Kids/Y Goats 29/33 mic 4% easier than last sale.

Fine Adult/Adult 34/38 mic 6% easier.

Overall there was fairly good general competition for all qualities and with the Rand strengthening by 5% against the US dollar prices are broadly comparable with last sale levels.

The next sale will be held on the 16th October.

CAPE REPORT

All mohair types continued to enjoy good competition at today’s sale.

We quote the market in rand terms:

Fine kids 9-12% dearer

Standard kids 8-9% higher

Young goats 9% more expensive

Fine adults 8% dearer

Next sale will be held on 25th September with approximated of 160/170 tons on offer.

CAPE REPORT

At the first sale of the new season there was good all round competition for all qualities on a smaller than average offering.

Young goat types were firm unchanged with adult slightly dearer.  The small offering of kids 1-2% dearer.

Next sale will be held on 4th September with an increased weight offering more in line with the usual quantity of 150/160 tons.

CAPE REPORT

At the last sale of the season all types increased in Rand terms as follows:

Fine Kids 3% dearer

Average Kids 7/8% dearer

Young Goats and Adult types 5% dearer

Short scouring types were in keen demand finishing 10/15% dearer

There is now a 2-month summer break until the next auction of the new season which will be held on 14th August 2018.