Mohair Market Report (Catalogue: 202110)

Mohair Market Report (Catalogue: 202110)

The first sale of the 2021 winter season took place in Port Elizabeth on 17 August 2021, with 88 723 kg on offer of which 99% was sold. The first sale of a season is always mixed and difficult to quote due to the big variation in the composition of the offering from one season to another.

The competition between the mohair buyers was strong, with RMS-certified mohair being the most attractive on offer. The average market indicator closed on R404.50 p/kg, which is 8% more (unchanged in dollar terms) than the last sale of the summer season. This can be attributed to the good competition and weaker South African currency.

A highest price of R830 p/kg was paid for a bale of 24 micron RMS-certified kid mohair.

Compared to the previous sale, prices were as follows:

Kids Up 2%

Young Goats Down 3%

Fine Adults Up 2%

Strong Adults Up 1%

Average Up 8%

Buyers: Samil (Pty) Ltd 279 bales, Stucken & Co (Pty) Ltd  266, Suedwolle Group  61, Mosenthals Wool & Mohair 83, Connacher Wool and Mohair (Pty) Ltd  24.

 The second sale of the 2021 winter season will take place on 7 September 2021.

Source: Mohair SA