The third sale of the 2018 winter mohair season took place in Port Elizabeth on 25 September, with an offering of 171,602.8 kg.
The offering consisted of good individual clips, although the clean yield percentage was lower than the previous sale. This had the biggest influence on the kid mohair market indicator, which decreased by 2.1%.
Although the demand for mohair is still good, the stronger South African currency had a negative impact on the market, with the biggest impact on the adult segment.
The average market indicator decreased by 5.6% from the previous sale to close on R292.27 p/kg, with 99% of the offering sold.
A highest price of R500.00 p/kg was paid for a bale of good style 25 micron kid mohair.
Compared to the previous sale, prices were as follows: Kids (winter) down 2.1%. Young Goats (winter) down 3.9%. Fine Adults down 6.5%. Strong Adults down 6.1%. Average down 5.6%.
Source: Mohair SA
