The second last sale of the 2016 winter mohair season consisted of a larger than usual offering of 145 719kg,…
However, according to Mohair SA, overall competition was somewhat subdued with a large volume of mohair held back by brokers, which was sold at good levels after the sale.
An overall sales clearance of 58% was achieved, but the market indicator remained unchanged at R188,44/kg. A highest price of R355/kg was paid for a bale of super style 25-micron kids hair.
Compared to the previous sale, prices were: kids (winter), unchanged; young goats (winter), down 5%; fine adults, up 1%; strong adults, unchanged; and the average, unchanged.
Pierre van der Vyver, manager: mohair OVK/CMW Group described demand as a bit lacklustre, with a lot of the offering initially declared not sold.
“Nearly half of the catalogue was sold after the sale, forcing CMW to intervene in the market,” he said.
Total sales were: kids hair up 1% (market indicator: R261,92/kg, 91% sale clearance); young goats hair down 3,5% (market indicator: R213,54/kg, sale clearance: 85%); and adult mohair unchanged (market indicator: R162,67/kg, sale clearance: 75%).
This brought the overall sale clearance to 83,5% and the overall market indicator to R192,38, which is unchanged.
While Parliament's Joint Constitutional Review Committee (CRC) is preparing its final parliamentary report on the possible amendment of Section 25…
Leafroll virus is a serious threat to South Africa’s viticulture industry: it shortens the lifespan of vineyards and has a…