Mohair Market Report (Catalogue 2021 06)

Mohair Market Report (Catalogue 2021 06)

The sixth sale of the 2021 summer season took place in Port Elizabeth on 25 May 2021, with 96 265 kg on offer of which 98% was sold. The offering consisted of excellent individual clips which attracted good competition between buying houses.

Although the SA currency traded stronger compared to the previous sale, the demand for mohair remains strong, combined with the excellent individual clips on offer, resulted the average market indicator to increase by 2% (3% in dollar terms) to close on R394.97 p/kg.

A highest price of R922.00 p/kg was paid for a bale of superstyle 23 micron kid mohair.

Compared to the previous sale, prices were as follows:

Kids Up 2%

Young Goats Unchanged

Fine Adults Up 4%

Strong Adults Down 3%

Average Up 2%

The last sale of the 2021 summer season is on 8 June 2021.

Source: Mohair SA