SA mohair prices reach record levels

This is a gain of 12% on the previous auction, held at the end of October.

Cape Mohair and Wool’s mohair manager Pierre van der Vyver said in a statement that local products were more attractive as a result of the weak rand. However, this was not the main reason for the sterling performance of local mohair.

European and Asian markets had also renewed interest in mohair, catching processors off guard this late in the season.

A clip supplied by Frans Retief of Driehoeksfontein Boerdery in the Murrayburg area in the Western Cape set the highest average for the auction at R275,21/kg