10 November 2020.
USD/SAR 15.47
GBP/SAR 20.41
At Today’s Cape Mohair Sale there was strong competition, especially for RMS (Responsible Mohair Standard) clips. In local currency prices were as follows:
Kids 3/4 % dearer.
YG 5% dearer.
Adult firm to dearer.
However, the SA Rand strengthened by 8% making US$ prices even dearer.
29 September 2020.
USD/SAR 17.11
GBP/SAR 22.00
At today’s Cape sale there was strong demand for all types, limited global stocks and an upturn in demand for tops/yarn. (a lot of hand knit yarns selling due to people staying home during lockdown). Please also note the Basuto sale 28th September was also very firm with prices 10/15% higher.
Fine kids 4% dearer.
Kids/fine young goats 12% dearer.
Young goat/fine adult 15-20% dearer.
Adult 10% dearer.