Cape Sale 20th August
20th August 2024
USD/SAR 17.7282
GBP/SAR 23.0307
The first Cape mohair sale of the season saw 87% of the offered bales sold with the market easing in SAR. With most European mills still on holiday, the main interest was from the far east. The reduction in SAR terms was not reflected in USD due to the much stronger SAR than last auction.
Fine Kids – Firm in USD terms
Kids – 5% cheaper in USD terms
Young Goats – 3-4% cheaper in USD terms
Adults – 5% cheaper in USD terms
The next Cape auction will be held on 10th September 2024.
Kind Regards,