Author:Jacob Twomey

Cape Sale 19th October

                                                                                                     18/19 October 2021.

 

USD/SAR 14.67

GBP/SAR 20.15

  

At Monday’s Basuto sale there was extreme competition and prices rose across the board. Supply is small and availability limited as the clip lasts from August to November.

 

At Tuesday’s Cape sale (started Monday as it was a large offering) there was good demand for all RMS types. The market is starting to correct itself. Clearance was an excellent 92% of the 150 tonnes offered. Prices in USD terms were:

 

Kids 3% down.

 

YG 3% down.

 

Adult 4% down.

 

The next sale is 9th November.    

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Cape Sale 28th September

                                                                                                     28th September 2021.

 

 

USD/SAR 14.98

                                                                                                     

GBP/SAR 20.53

  

At today’s Cape sale there was strong competition (95% clearance) especially for the courser adult types. Kids and young goats seem to have peaked and we forecast some adjustment in the coming sales. A Basuto sale was held 27th September and prices were up to 30% dearer! Renewed demand for the velours yarns.

 

Kids  5% easier.

 

YG  2% easier.

 

Fine Adult  Firm.

 

Course Adult Firm.

 

 

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Cape Sale 8th June

8th June 2021.

 

USD/SAR 13.55

GBP/SAR 19.23

 

At the final Cape sale of the summer season there was a 92% clearance of good quality mohair. Again, premiums were paid for RMS mohair. The SA rand had strengthened 3% since the previous sale which affected prices paid in local currency.

 

 

Fine kids 2% easier in USD.

 

Strong kids firm.

 

Young goats 2% easier in USD.

 

Strong adult 3% dearer in USD.

 

 

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Cape Sale 11th May

11th May 2021

USD/SAR 14.03

GBP/SAR 19.81

 

At today’s Cape sale (10th & 11th May) there was again strong competition from all buyers for all types. Most in demand were the adult qualities. The SA rand was 5% stronger than the previous sale this making the dollar dominated prices higher. The next sale will be 25th March.

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Cape Sale 16th March

16 March 2021.

 

 USD/SAR 14.90

 GBP/SAR 20.60

 

At today’s Cape Sale there was a large offering of 170 tons, with some excellent fine mohair for sale. There was very strong competition on all types, especially the adult which until recently had been neglected. RMS mohair sold well but not at previous premiums.

  

Kids up 15%.

 

YG up 10-15%.

 

Adult up 15-20%

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Cape Sale 10th December

 

10 December 2020.

 

USD/SAR  14.96

 

GBP/SAR 19.91

At the final Cape Sale of this season there was strong demand for all types, especially kids and RMS ( Responsible Mohair Standard clips).

 

Kids 4% dearer.

 

YG 2% dearer.

 

Adult 5% dearer.

 

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Cape Sale 24th November

24 November 2020.

USD/SAR 15.31

  

GBP/SAR 20.46

 

At today’s Cape Mohair Sale there was again strong competition, especially on the “RMS” qualities. Prices were generally unchanged in SA Rand (currency was marginally stronger).

 

The next sale is 8th December (which will be the last of the current season).    

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Cape Sale 10th November

 

10 November 2020.

USD/SAR 15.47 

GBP/SAR 20.41

  

At Today’s Cape Mohair Sale there was strong competition, especially for RMS (Responsible Mohair Standard) clips. In local currency prices were as follows:

 

Kids 3/4 % dearer.

 

YG 5% dearer.

 

Adult firm to dearer.

 

However, the SA Rand strengthened by 8% making US$ prices even dearer.

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Cape Sale 29th September

29 September 2020.

USD/SAR 17.11

GBP/SAR 22.00

At today’s Cape sale there was strong demand for all types, limited global stocks and an upturn in demand for tops/yarn. (a lot of hand knit yarns selling due to people staying home during lockdown). Please also note the Basuto sale 28th September was also very firm with prices 10/15% higher.

 

Fine kids 4% dearer.

 

Kids/fine young goats 12% dearer.

 

Young goat/fine adult 15-20% dearer.

 

Adult 10% dearer.

 

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