The fourth sale of the 2018 winter mohair season took place on 16 October, with an offering of 161,151 kg.
The market managed to hold good price levels, although the currency had some downward pressure on the stronger part of the market. The demand for kid mohair remained buoyant with a marginal increase in kid prices.
The average market indicator decreased by 1% from the previous sale to close on R289.03 p/kg, with 89% of the offering sold.
Price levels were achieved despite all buying houses not being active on the auction floor.
The offering consisted of some excellent individual clips, with a highest price of R500.00 p/kg paid for a bale of 26 micron super style kid mohair.
Compared to the previous sale, prices were as follows: Kids (winter) up 1%. Young Goats (winter) down 2.5%. Fine Adults down 2.6%. Strong Adults down 2.3%. Average down 1%.
Source: Mohair SA
