Cape Mohair Report Tag

6^TH September 2023

USD/SAR 19.1484

GBP/SAR 24.0829

EURO/US $ RATE 1.07

The 2^nd winter sale of the season saw 138,662kg on offer with 81% clearance.

While kid types were strong, up 2%, coarser types were down 2-5%.

This sale followed a strong Basuto sale on Monday 4^th September where all types were well sought after.

The next Cape sale will be held on 26^th September 2023.

Kind Regards,

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,

7^th 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 15^th 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 6^th 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 16^th 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 25^th 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 7^th 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 14^th February 2023.