CAPE REPORT
At today’s Cape sale, the first of the winter season, there were 882 bales offered and 588 sold (67%). This reflects the stronger courser nature of the mohair offered, as well as the global effect of the Coronavirus pandemic and its effect on business.
Kid mohair was 2-3 % dearer.
Young goat was buyers’ favour.
Adult was firm/unchanged.
The next sale will be 8th September.
CAPE REPORT At today’s Cape sale there was strong demand for all types, limited global stocks and an upturn in demand for tops/yarn. (a lot of hand knit yarns selling due to people staying home during lockdown). Please also note the Basuto sale 28th September was also very firm with prices 10/15% higher. Fine kids […]
<strong>CAPE REPORT</strong> At today’s Cape sale there was strong competition, especially for RMS (Responsible Mohair Standard) clips. In local currency prices were as follows: Kids 3/4% dearer. YG 5% dearer. Adult firm to dearer. However, the SA Rand strengthened by 8% making US$ prices even dearer. Next Cape Sale 24th November.
CAPE REPORT At today’s Cape sale, the final one of the season, there was good general competition, especially in the kid mohair qualities. However it was clear that the sheer volume of mohair available was starting to become too much to be absorbed by the top makers so the selling brokers had to step in. […]
CAPE REPORT At today’s Cape sale (Monday instead of Tuesday which is a public holiday in South Africa) there were 1158 bales offered and 953 bales sold under strong competition. Kid mohair—firm. Young goat—4% easier. Adult—3% easier. The next sale will be 30th June (the last one of the season).
CAPE REPORT 20th May 2020 The last actual sale was 17th March 2020, the 2 sales in April (7TH & 28th) were cancelled due to the global pandemic. A decision was taken to hold a sale today to keep money flowing to farmers. There were 598 bales offered and 567 bales sold = 95%. An […]
CAPE REPORT There was very good completion for kid and young goat qualities at today’s sale. The adult mohair was less in demand but all sold at higher levels. We quote the market in local currency as: Fine kids 5/6% dearer Stronger kids/Young goats 4% dearer. Adult 3% dearer Next sale will be held in […]
