Cape Sale 18th October

                                                                                                      18^TH 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 26^th/27^th 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 8^th November.