The third summer mohair sale of 2007 continued to deliver positive results for growers. Although young goats and adult’s hair prices eased slightly from the previous sale, the better demand for kid mohair continued, moving the market indicator for kids up by 7,4%, according to Mohair SA. he overall market indicator closed at R80,49, virtually unchanged from the previous sale. highest price of R260,00/kg was paid for a bale of super fine kid mohair from Vleikuil Farming. Pierre van der Vyver, manager: Mohair at Cape Mohair and Wool (CMW), said the kid and fine (28 to 30 micron) young goat market established itself on this sale. “B-length kids in particular enjoyed a healthy price premium.
Although there is still uncertainty around adults, all buying houses competed on all lots and demand remains good. We expect only limited price changes over the short term. Meanwhile, EGT clips continue to enjoy price advantages,” he said. MW’s sale analysis: the price of kid mohair increased by 3,4% with a market indicator of R130,39/kg and a sale clearance of 99%; young goat hair increased by 3,9% with a market indicator of R85,55/kg and a sale clearance of 100%, and adult mohair decreased by 2,8% with a market indicator of R63,85/kg and a 100% sale clearance. This brought the overall sale clearance to 99,8% and the overall market indicator to R80,67/kg, an increase of 0,5%. – Roelof Bezuidenhout