May 15 2024
Cape Sale 14th May
14th May 2024
USD/SAR 18.3941
GBP/SAR 23.0956
The sixth Mohair sale of 2024 saw a limited offering of 112 tons, with 96% being sold with more competition from buyers.
The selection was the best style all season and shows there still demand in the market, and with the stronger RAND overall the market was up to 5% more expensive in USD terms.
Compared to the previous sale,
Kids 3% Dearer
Young Goats 2% Dearer
Adults 1-2% Dearer
The next and last auction of the summer season will be held on 4th June, with approx. 120 Tons on offer.
Kind Regards,