16th April 2024
USD/SAR 19.0641
GBP/SAR 23.6738
The fourth mohair sale of 2024 again saw keen demand across all types, with 96% of lots being sold of the large 190 tons offering.
Although Kid prices were slightly easier, the Young goat and adult types remained firm despite the very large offering.
Kids 1% cheaper
Young goats Firm
Adult Firm
The next sale will be held on 30th April 2024.
The International Year of Camelids 2024 is an opportunity to honour and champion the remarkable animals, herders, communities and most importantly for us the fibres collected from Camels, Alpacas, Llamas, Vicuñas, and Guanacos.
The objective of the 2024 International Year of Camelids is to raise awareness about the overlooked capabilities of the amazing camelids and to encourage greater investment in this sector. This involves advocating for more research, enhancing capacity development, and embracing innovative practices and technologies to ensure the success of the genus for many generations to come.
Camelid fibres, play a pivotal role in our business here at Seal International. These fibres are meticulously collected globally and processed to create high-quality products catering to the demands of discerning customers worldwide.
Camelid fibres demonstrate exceptional adaptability, serving as a testament to their versatility in various industries across textiles. These fibres, sourced from alpacas, llamas, vicuñas, guanacos, and camels, offer a wide range of applications across different sectors. From textiles and apparel, including knitwear, suiting, and coating, to home furnishings such as bedding, curtains, and upholstery, and are also used in the construction of mattresses.
This versatility is rarely seen and championed, here at Seal International we hope to change that, and we are embracing the UN year of the camelids. We hope to raise the profile of this magnificent fibre to ensure the economic stability of the supply chain all the way back to the herders. We recognise that, apart from the hair from the animals, people are our most valuable asset ensuring that we carry out our operations in a manner that safeguards their health, welfare and safety. We remain committed to ensuring the quality of life and good health of both the Animals and their human custodians.
Camelids are sustainably farmed in deserts and the Andes mountains; our camelids are left to roam freely and are cared for using age-old traditional herding and farming methods. The livelihoods of many communities around the world depend on camelid products and services. Serving as essential working companions, they provide invaluable support to indigenous peoples and local communities. This ranges across the Andean highlands of South America, as well as in the deserts of Africa, the Middle East and Asia. Recognition, advocacy, and support for promoting their products and services are essential for sustaining community livelihoods and nurturing sustainable employment opportunities and equality in often economically deprived areas.
We remain fully dedicated to continuing our support indigenous peoples and communities in their endeavours with camelids.
Over the year we will be showcasing each fibre, highlighting its characteristics, merits, how it is processed, and their end uses. First up will be Camel coming in May. Followed by the prestigious Vicuña in July, Alpaca in September and rounding the UN International year of the camelids off with Guanaco in December.
19th March 2024
USD/SAR 18.9637
GBP/SAR 24.0896
The third mohair sale of 2024 again saw keen demand across all types, with 98% of lots were sold of the large 161.5 tons offering.
Young goats and adult types the most keenly sought after.
Kids 1-2% dearer
Young goats 2% dearer
Adult 2% dearer
The next sale will be held on 16th April 2024.
Wishing you all a good Easter.
5th March 2024
USD/SAR 19.0306
GBP/SAR 24.1916
The second sale of 2024 saw keen demand across all types. With all lots contested resulting in a 99% clearance against the large 174,000 kgs on offer. Following the extremely strong sale on the 12/02, the market has risen 6-7% across the board with Fine Young goats being the most in demand.
Kids – Upto 10% dearer
Young Goats – Upto 10% Dearer
Adult – Upto 8% Dearer
Kind Regards,
16th MAY 2023.
USD/SAR 19.69
GBP/SAR 23.86
At today’s Cape sale there was a good offering of high quality mohairs, especially the fine kids. With only one sale remaining there was good competition on main types. Local currency was weaker which helped keep prices firm to dearer.
Kids up 2%.
YG up 1%.
Adult firm.
The next sale will take place on 6th June 2023.
26th APRIL 2023.
USD/SAR 18.2946
GBR/SAR 22.7585
Despite a very large offering of 147,602kgs there was a strong clearance of 93% with the market holding up relatively well in USD terms. With Kid types being especially well sought after increasing 65 in SAR terms.
Kids up 6%.
YG down 2%
Adult down 2-3%
The next sale will take place on 16th May 2023.
4th APRIL 2023.
USD/SAR 17.79
GBR/SAR 22.10
At today’s Cape sale there was 110 tons on offer with 93% sold under strong competition. Prices in local currency were 3-4% lower, however the prices in USD were fully firm.
Kids firm.
YG firm.
Adult firm.
The next sale will take place on 25th April 2023.
Last month, some of the Seal International fibre team travelled to Port Elizabeth in South Africa, to meet with our exclusive buyer who is based in Port Elizabeth and attend the mohair fibre cape sale in March.
Our global reputation for reliability and availability doesn’t only come from being one of the world’s largest stockholders of noble fibres, it also comes from our company ethos and how we develop partnerships with suppliers as well as customers.
We ensure we source the best quality products from the most trusted suppliers & origins. Our trip to South Africa was another fantastic opportunity to dive into the appraising process in the mohair fibre stores & implement our solid buying strategies for the season with Alice, as our contact on the ground.
We met with Alice, the week before the auction, where we began our preparation for the auction by visiting ‘House of Fibre’ mohair stores. Our first job is to analyse the mohair fibre catalogue and view the bales of mohair which are lined up in number order, ready for appraising. We visually assess the length, yield & micron of the fibre in each of the bales/bins at the stores, and select the mohair fibre we are interested to purchase which is Responsible Mohair Standard (RMS) mohair. This preparation can be done up until the day before the auction begins.
On the day of the auction, we met again with Alice and headed for a full day of buying at the cape mohair sale. The auction room was full, with buyers from other companies, there was an air of excitement & tension in the room as the Seal International team was present for the first time since before the COVID-19 pandemic. And the open cry bidding commenced.
After a successful day of buying, we met for a debrief with our newest team member Laverne who is handling our logistics as well as the transaction certificates as part of the RMS mohair auditing procedure.
Following the debrief meeting we update our market quote prices for our customers to work from.
The greasy mohair lots which we purchase at the sale are then booked in our system for processing. Some of which are done in the cape & some are done in the UK at our own mill.
It was a great trip and wonderful to meet with Alice & Laverne & we look forward to seeing them soon at the Basuto sale on June 13th.
21st MARCH 2023.
USD/SAR 18.25
GBR/SAR 22.01
With 132 tons on offer resulting in an extremely strong clearance of 98% the market rose 2-5% on the back of strong bidding.
Kids up 4%.
YG up 2%.
Adult up 5%.
The next sale is 4th April
7TH MARCH 2023.
USD/SAR 18.25
GBR/SAR 22.01
At the second sale of the summer season there was a very large offering of over 200 tons. There was very strong competition on most types with prices rising 3-10%.
Kids up 5%.
YG firm.
Adult up 5-10%.
The next sale is 21st March.