Curtis Wool Direct

Mohair Market Report (Catalogue: 201712)

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The market gained some good ground, with the average market indicator climbing by 6%, to close on R202.34 p/kg, with 98% of the offering being sold. Mohair across all categories was in good demand, with added competition from a new buyer on the auction floor driving the market upwards.

 

Although the offering consisted of some good quality mohair, clean yield percentages were once again negatively affected by the drought, whilst the weaker SA currency assisted competitiveness on the auction. Three individual kid lots each achieved a highest price of R320.00 p/kg.

 

Compared to the previous sale, prices were as follows: Kids (winter) Up 3%; Young Goats (winter) Up 4%; Fine Adults Up 5%; Strong Adults Up 4%;Average Up 6%.

 

Main buyers: Stucken & Co 524 bales, Samil 522, Mosenthals Wool & Mohair 151, SAFIL SA 112, Tianyu SA 56, and New England Wool SA 24.

 

The fourth sale of the 2017 winter season will take place on 17 October 2017.

Source: Mohair SA

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