::: mohair :::

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.