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.
Cape Mohair Report 13/08/2019
13th August 2019
USD1.00 = Rand 15.2911
As is usual with the first sale of the season there was a smaller than usual amount of mohair available consisting mainly of less attractive more average qualities generally lacking in overall length.
We are quoting the market as generally 6/7% easier across all the types sold but prices were somewhat erratic due to the nature of the mixed offering.
The next sale will be held 3rd September 2019 when a more normal quantity of hair will be available with better lots expected.
Cape Mohair Report 18/06/2019
18th June 2019
USD1.00 = Rand 14.7766
At the last sale of this season there was good general competition with particular interest on kid/young goat qualities. We quote the market:
Fine Kids 23/27mic up 1% dearer
Stronger Kids/Fine Y. Goats firm/unchanged
Fine Adult/Adult 1% easier
There will now be a break in mohair being auctioned until the next sale being held on 13th August.
Cape Mohair Sale 21/05/2019
USD1.00 = Rand 14.4165
At today’s Cape sale there was very strong demand for all qualities, with spinner kids being extreme. A combination of low supply and continued demand is keeping the market at record levels.
Spinner Kids up 15%
Fine Kids up 2%
Strong Kids up 2%
Young Goats unchanged
Adult up 2%
The final sale of the season will be held on 18th June.