Today’s auction was under severe pressure because of the uncertainty in both our and the world economy. The demand from both China and Europe were considerably less than 2 weeks ago because of the Corona pandemic. Kids on average were 5.7% and Young goats 5.0% cheaper than on the previous auction. Fine Adults decreased the most and was on average 6.8% cheaper. Strong Adult mohair also followed the falling market and was 4.6% cheaper than on the previous auction. The average market indicator traded 7.0% lower at R267.27/kg.
BOKHAAR MARKAANWYSER / MOHAIR MARKET INDICATOR
Congratulations and thank you to all our producers for continuous support