CAPE MOHAIR SALE 17/03/2026
CAT 26/03
Exchange rates - USD 1.00 = R 16.6745 EURO 1.00 = R 19.2090
Previous sale (03/03/2026) USD 1.00 = R 16.3920 EURO 1.00 = R 19.0196
1359 bales offered, 1346 (99%) sold
Buyers sold not sold
SAMIL 412 1
STUCKEN 468 6
MOSENTHALS 122 2
SUEDWOELLE 145 0
VBC WOOL SA 79 0
CONNACHER 111 0
STANDARD WOOL 9 0
Bales passed 4
The Mohair SA market indicator increased by 4% in Rand terms which marks the third consecutive price increase for the season. The offering consisted of 34% kid, 44% young goat and only 12% of adult combing mohair on offer. It is not surprising that the coarser qualities traded dearer given the limited quantity on offer.
Processors and manufacturers have to absorb steep increases in the price of raw materials while dubbel digit increases in energy costs are coming into effect this month . In addition transit times for shipment by sea have increased notably while vessel schedules remain erratic.
The Rand is trading 1-2% weaker against major currencies compared to the previous auction
Kid + 5%
Young goat + 4%
Adult + 4%
The next Cape auction is scheduled for 31 March 2026 with approximately 170 tons on offer.