13 April, 2020

::: Cape mohair sale 13th April 2021 :::

CAPE MOHAIR SALE CAT:  21/04        13/04/2021

Exchange rates – USD 1.00 = R 14.5795  /  EURO 1.00 = R 17.3277
Previous sale -   USD 1.00 = R 14.8870   /  EURO 1.00 = R 17.7051

1331 bales offered, 1285 or 97% sold.

BUYERS
SAMIL                     494/ 9
STUCKEN                513/ 11
MOS                       154/ 8
SUEDWOLLE SA        80/ 0
CONNACHER             44/ 0
NEW ENGLAND          0/ 0

PASSED                      18

The market once again exceeded expectations with firm to dearer price across the board especially for stronger young goat and adult mohair. The Rand appreciated by 2% against major currencies compared to the previous auction.

Approximately 500 tons or 60% of the summer clip has now benn sold. The remaining three auctions normally comprise of high quality individual clips.

Price movements
Kids            + 3%
Young goat  + 5%
Adult           + 8%

The next auction will take place on the 11th May in Port Elizabeth with approximately 140 tons on offer.