Market Report Tag

Cape Sale 16th March

16 March 2021.

 

 USD/SAR 14.90

 GBP/SAR 20.60

 

At today’s Cape Sale there was a large offering of 170 tons, with some excellent fine mohair for sale. There was very strong competition on all types, especially the adult which until recently had been neglected. RMS mohair sold well but not at previous premiums.

  

Kids up 15%.

 

YG up 10-15%.

 

Adult up 15-20%

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Cape Sale 10th December

 

10 December 2020.

 

USD/SAR  14.96

 

GBP/SAR 19.91

At the final Cape Sale of this season there was strong demand for all types, especially kids and RMS ( Responsible Mohair Standard clips).

 

Kids 4% dearer.

 

YG 2% dearer.

 

Adult 5% dearer.

 

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Cape Sale 24th November

24 November 2020.

USD/SAR 15.31

  

GBP/SAR 20.46

 

At today’s Cape Mohair Sale there was again strong competition, especially on the “RMS” qualities. Prices were generally unchanged in SA Rand (currency was marginally stronger).

 

The next sale is 8th December (which will be the last of the current season).    

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Cape Sale 10th November

 

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.

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Cape Sale 29th September

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.

 

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