4 December, 2018

::: Cape mohair sale 4th December 2018 :::

  • CAPE MOHAIR SALE CAT:  18/16        04/12/2018

    Exchange rates – USD 1.00 = R 13.5700  /  EURO 1.00 = R 15.4427
    Previous sale -   USD 1.00 = R 14.0550   /  EURO 1.00 = R 16.0185

    780 bales offered, 754 or 97% sold.

    BUYERS
    SAMIL                      314/ 1
    STUCKEN                 332/ 8
    MOS                        103/ 8
    SUEDWOLLE SA          0/ 0
    NE                             5/ 0
    TIANYU SA                 0/ 0

    PASSED                   9

    The local currency appreciated by 3.5% against the USD and Euro compared to the previous sale. Apart from a few excellent individual clips today’s selection consisted mostly of average quality material. Adult and young goat mohair traded softer in line with the currency movement. Fine kids continue to attract keen interest and prices were fully firm.

    In comparison with the previous sale price movements were as follows:
    Kids                   unchanged
    Young goats       2% down
    Fine Adult           4% down
    Adult                 4% down

    The first Cape sale for the summer season will take place on the 12th February 2019.

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