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.