Mohair Market Report (Catalogue: 202115)

Mohair Market Report (Catalogue: 202115)

The penultimate sale of the 2021 winter season took place in Port Elizabeth on 23 November 2021, with 86 772 kg on offer of which 96% was sold. The offering consisted of good quality mohair with excellent individual clips. 62% of today’s offering was RMS-certified, which attracted the most competition from the buying houses.

The SA-currency tracked weaker today compared to the previous sale. This, combined with the good demand for the excellent quality RMS certified mohair on offer, contributed to the market indicator increasing by 6% (1% in Dollar-terms) compared to the previous sale to close on R394.88 p/kg.

A highest price of R734.00 p/kg was paid for a bale of 24 micron super style kid mohair.

Compared to the previous sale, prices were as follows:

Kids Down 1%

Young Goats Up 4%

Fine Adults Up 7%

Strong Adults Up 2%

Average Up 6%

The final sale of the 2021 winter season will take place on 7 December 2021.

Source: Mohair SA