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.
14TH FEBRUARY 2023.
USD/SAR 17.84
GBR/SAR 21.65
At today’s first sale of the summer season there was a small offering of 85 tons. There was strong competition on all types with prices rising across the board.
Kids up 6%.
YG up 12%.
Adult up 15%.
We hope you all have a good festive break.
The next sale is 7th March when there will be 150 tons of excellent quality mohair.
6TH DECEMBER 2022.
USD/SAR 17.23
GBR/SAR 21.14
At today’s Cape sale, the final one of the season, there was strong competition with a 93% clearance. Prices were very strong.
Kids 3-5% dearer.
YG 1% easier.
Adult 3-5% dearer.
We hope you all have a good festive break.
The next sale is 14th February 2023.
8TH NOVEMBER 2022.
USD/SAR 17.7629
GBR/SAR 20.3829
Today’s Cape auction saw much better demand than the previous auction, with keen bidding on kid and young goat types which were up 3-5%. There was slightly less interest in adult types.
The next sale is 22nd November.
18TH OCTOBER 2022.
USD/SAR 17.9937
GBR/SAR 20.4121
This Basuto and Cape auction very much followed the tone of the previous auction held on 26th/27th September.
Select types were in good demand, however others saw lots not meeting the brokers’ reserve price, these still attracted good interest after the auction at lower levels. This shows there is still demand in specific types despite the global uncertainty.
The next sale is 8th November.
26/27TH SEPTEMBER 2022.
USD/SAR 17.86
GBP/SAR 19.31
At today’s Cape and Basuto mohair auction there were mixed signals, as there are throughout the world at the moment, variable currency, high inflation, rocketing energy costs. Certain specific types were in demand whereas others did not meet the brokers’ limits.
The next sale is 18th October.
Join the conference at Natural Fibre Connect 2022
We’d like to announce we are Gold sponsors of the inaugural Natural Fibre Connect conference, this is a unique virtual conference connecting all those involved within animal fibres to discuss and learn more about wool, cashmere, mohair and alpaca.
What is Natural Fibre Connect?
Natural Fibre Connect is a virtual exhibition which occurs over three days, these well-considered days will comprise expert speakers, recorded talks, and roundtable discussions from industry professionals to highlight and understand the perspective of growers and herders globally.
In turn, their aim is to tackle challenges which arise within the natural fibre industries and emphasise the perspective of growers and herders around the world as climate change and market fluctuations continue to grow.
Where, and When is Natural Fibre Connect?
NFC takes place from 7th – 9th September 2022, it is the first virtual event encompassing a range of natural fibres. There’s no need to leave your desk, or book flights, simply reserve your ticket, and join us to connect and discuss with out team about natural fibres.
What are the top discussions not be missed?
This three-day event will be filled with discussions from industry leaders, conferences which are on our ‘must watch’ list are:
07/09/22 – Day One
08/09/22 – Day Two
09/09/22 – Day Three
We welcome you to join our discussion and look forward to meeting you there. Reserve your ticket today by clicking here.
16 AUGUST 2022.
USD/SAR 16.42
GBP/SAR 19.75
At today’s Cape sale there was a smaller offering than anticipated due to a large quantity being affected by flood damage. The holiday season is still taking place in Europe so new demand is limited.
Prices were generally lower by 5-7%.
The next sale is 6th September.