Mohair Market Report – 10 February 2021

COMMENTS

There was excellent competition among the buyers with a new buying house also present at the auction. The RMS lots sold brilliantly, and the sale closed at an average of 25% dearer. The Top 20 Kid lots performed very well and tested, on average, 27.0 micron and achieved an average price of R552.00/kg. The top 20 young goat lots performed the best and they tested, on average, 28.2 micron and sold at R463.00. Fine Kids performed very well and traded 20.0% higher in comparison to the previous sale.  Fine young goat performed the best and it traded 35.0% dearer. Finer adult mohair traded 18.0% higher, with the stronger mohair market that sold for 16.0% more than on the previous sale.  The average market indicator was 25.0% dearer and traded at R329.19/kg.