Cape Sale 16th August

16^th August 2023

USD/SAR 19.0747

GBP/SAR 24.2726

The first winter sale of the season, 15^th August, saw a mixed offering of 103,985kg with an 89% clearance.

While kid types were strong considering the worldwide economic situation, and holidays in Europe, other types were down 5-6% in rand terms.

The next auction will be held on 5^th September 2023.

Kind Regards,