AGRICULTURAL NEWS - The second last sale of the 2016 winter mohair season consisted of a larger than usual offering of 145 719kg, with some excellent individual clips attracting keen interest from buyers.
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.
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.
