CAPE MOHAIR SALE 19/08/2025
CAT 25/10
Exchange rates - USD 1.00 = R 17.6195 EURO 1.00 = R 20.5620
Previous sale (10/06/2025) USD 1.00 = R 17.6670 EURO 1.00 = R 20.1739
1280 bales offered, 1109 (87%) sold
Buyers sold not sold
SAMIL 421 7
STUCKEN 467 13
MOSENTHALS 106 5
SUEDWOELLE 3 0
VBC WOOL SA 30 0
CONNACHER 76 1
LLOTTER 6 3
Bales passed 142
The first offering consisted of mixed quality mohair. Generally, the length was notably shorter while seed contamination was more prevalent. The stronger young goat and adult segments of the market was under pressure while fine kid mohair continued to attract keen interest. Some clips were passed in at producer reserve levels.
The Rand continues to perform steady to the USD despite the introduction of 30% tariffs on South African goods exported to the USA. This brings an abrupt end to the AGOA programme (African Growth and Opportunity Act) which provided tariff-free access to the large American market.
Price movements
Kid unchanged
Young goat -4%
Adult -3%
The next auction of the winter season is scheduled for 09 September 2025 with approximately 190 tons on offer.