7th June 2023
USD/SAR 19.2106
GBP/SAR 23.8941
The final summer season Cape sale saw a larger than expected offering of nearly 180,000kgs and due to the large offering prices were slightly softer for most types, however Kid combing types had good demand and prices remained firm. The weight offered this summer season has seen an increase of 15% in volume compared to 2022.
Kids – Firm
YG – 4% Cheaper
Adult 4% Cheaper
The next sale will be held on 15th August 2023.
16th MAY 2023.
USD/SAR 19.69
GBP/SAR 23.86
At today’s Cape sale there was a good offering of high quality mohairs, especially the fine kids. With only one sale remaining there was good competition on main types. Local currency was weaker which helped keep prices firm to dearer.
Kids up 2%.
YG up 1%.
Adult firm.
The next sale will take place on 6th June 2023.
26th APRIL 2023.
USD/SAR 18.2946
GBR/SAR 22.7585
Despite a very large offering of 147,602kgs there was a strong clearance of 93% with the market holding up relatively well in USD terms. With Kid types being especially well sought after increasing 65 in SAR terms.
Kids up 6%.
YG down 2%
Adult down 2-3%
The next sale will take place on 16th May 2023.
4th APRIL 2023.
USD/SAR 17.79
GBR/SAR 22.10
At today’s Cape sale there was 110 tons on offer with 93% sold under strong competition. Prices in local currency were 3-4% lower, however the prices in USD were fully firm.
Kids firm.
YG firm.
Adult firm.
The next sale will take place on 25th April 2023.
21st MARCH 2023.
USD/SAR 18.25
GBR/SAR 22.01
With 132 tons on offer resulting in an extremely strong clearance of 98% the market rose 2-5% on the back of strong bidding.
Kids up 4%.
YG up 2%.
Adult up 5%.
The next sale is 4th April
7TH MARCH 2023.
USD/SAR 18.25
GBR/SAR 22.01
At the second sale of the summer season there was a very large offering of over 200 tons. There was very strong competition on most types with prices rising 3-10%.
Kids up 5%.
YG firm.
Adult up 5-10%.
The next sale is 21st March.
14TH FEBRUARY 2023.
USD/SAR 17.84
GBR/SAR 21.65
At today’s first sale of the summer season there was a small offering of 85 tons. There was strong competition on all types with prices rising across the board.
Kids up 6%.
YG up 12%.
Adult up 15%.
We hope you all have a good festive break.
The next sale is 7th March when there will be 150 tons of excellent quality mohair.
6TH DECEMBER 2022.
USD/SAR 17.23
GBR/SAR 21.14
At today’s Cape sale, the final one of the season, there was strong competition with a 93% clearance. Prices were very strong.
Kids 3-5% dearer.
YG 1% easier.
Adult 3-5% dearer.
We hope you all have a good festive break.
The next sale is 14th February 2023.
22ND NOVEMBER 2022.
USD/SAR 17.30
GBR/SAR 20.48
At today’s Cape sale there was good demand for high quality offerings. Prices rose on average by 5% in local currency but by 7% in USD terms. There is only one more sale 6th December. The next one being February 2023 ! We expect big pressure on the final sale in December.
Kids up 4-6%
YG up 6-8%
Adult up 3-5%
The next sale is 6th December.
8TH NOVEMBER 2022.
USD/SAR 17.7629
GBR/SAR 20.3829
Today’s Cape auction saw much better demand than the previous auction, with keen bidding on kid and young goat types which were up 3-5%. There was slightly less interest in adult types.
The next sale is 22nd November.