25 March, 2025

::: Cape mohair sale 25th March 2025 :::

CAPE MOHAIR SALE            25/03/2025
CAT 25/03

Exchange rates -                       USD 1.00 = R 18.1845      EURO 1.00 = R 19.6356

Previous sale (04/03/2025)        USD 1.00 = R 18.5670      EURO 1.00 = R 19.5028

1506 bales offered, 1450 or 96% sold

BUYERS
SAMIL                           614/ 12
STUCKEN                      621/ 28
MOSENTHALS                149/ 6
SUEDWOLLE                    0/ 0
VBC WOOL SA                29/ 3
CONNACHER                  32/ 0
LLOTTER TRUST              0/ 0
STANDARD WOOL           2/0

PASSED                          7

The market maintained the positive levels of the previous auction despite the 2% appreciation of the ZAR against the USD. Kid mohair comprised 29% of the offering while 41% of the volume on offer consisted of young goat mohair.

The quantity on offer for the first three auctions of the summer selling season is unchanged from the previous year which is an indication of continued stable mohair supply despite challenging growing conditions.

Super Kid            +1%
Kid                      unchanged
Young goat          unchanged
Adult                   -1%

The next Cape auction will take place on the 15th April 2025 with approximately 180 tons on offer.