Mohair Market Report (Catalogue: 202104)
The fourth sale of the 2021 summer season took place in Port Elizabeth on 13 April 2021, with 173 039 kg on offer of which 97% was sold. The offering consisted of good quality mohair, with a highest price of R910 p/kg paid for a bale of 23 micron super style kid mohair.
The competition amongst the buying houses were strong throughout the day as the demand for mohair remains consistently strong. RMS certified mohair was once again the most sought after mohair offered on the sale today.
The average market indicator increased by 3% (increased by 6% in dollar terms) from the previous sale, to close on R406.93 p/kg despite the stronger SA currency.
Compared to the previous sale, prices were as follows:
Kids Up 3%
Young Goats Up 1%
Fine Adults Down 1%
Strong Adults Up 9%
Average Up 3%
The fifth sale of the 2021 summer season will take place on 11 May 2021.
Source: Mohair SA