3 March, 2026

::: Cape mohair sale 3rd March 2026 :::

CAPE MOHAIR SALE            03/03/2026
CAT 26/02

Exchange rates -                       USD 1.00 = R 16.3920      EURO 1.00 = R 19.0196

Previous sale (10/02/2026)        USD 1.00 = R 15.8945      EURO 1.00 = R 18.9208

1183 bales offered, 1160 (98%) sold

Buyers                            sold    not sold
SAMIL                             381        3
STUCKEN                         336       5
MOSENTHALS                   126       7
SUEDWOELLE                   163       2
VBC WOOL SA                    82       0
CONNACHER                      70       0
STANDARD WOOL                2        0

Bales passed   6

The mohair market maintained its positive momentum today with the average indicator increasing by another 5%. The most notable price increase was for the young goat qualities which is used mostly in industrial knitting while the price of super kid mohair also rose sharply. The quantity on offer (150 tons) was approximately 10% less than expected. This can be attributed to a delay in deliveries due to adverse weather at the time of shearing or more concerning, lower yields following the extreme dry conditions that occurred in the period August to December.

The Rand (ZAR) experienced significant volatility against the US Dollar (USD) throughout the day, ultimately weakening by approximately 3% during the trading session. While the local currency initially showed resilience, it succumbed to a broad-based USD rally driven by the escalating geopolitical conflict in the Middle East.

Kid                     + 5%
Young goat         + 7%
Adult                  + 3%

The next Cape auction is scheduled for 17 March 2026 with approximately 160 tons on offer.