CAPE REPORT

At today’s Cape sale there was strong competition, especially for RMS (Responsible Mohair Standard) clips. In local currency prices were as follows:

Kids 3/4% dearer.

YG 5% dearer.

Adult firm to dearer.

However, the SA Rand strengthened by 8% making US$ prices even dearer.

Next Cape Sale 24th November.

CAPE REPORT

At today’s Cape sale there was strong demand for all types, limited global stocks and an upturn in demand for tops/yarn. (a lot of hand knit yarns selling due to people staying home during lockdown). Please also note the Basuto sale 28th September was also very firm with prices 10/15% higher.

Fine kids 4% dearer.

Kids/fine young goats 12% dearer.

Young goat/fine adult 15-20% dearer.

Adult 10% dearer.

The next sale will be 20th October.

CAPE REPORT

At today’s Cape sale, the first of the winter season, there were 882 bales offered and 588 sold (67%). This reflects the stronger courser nature of the mohair offered, as well as the global effect of the Coronavirus pandemic and its effect on business.

Kid mohair was 2-3 % dearer.

Young goat was buyers’ favour.

Adult was firm/unchanged.

The next sale will be 8th September.

CAPE REPORT

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 REPORT

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.