The mohair market was dearer for the fourth auction of the winter mohair selling season and prices increased across all mohair types. The Rand weakened by 0.8% against the US Dollar, to trade at R13.43.
The average market indicator increased with 5% to R213.34/kg. The average price of kid mohair increased with 4.2% to R282.80/kg while young goat mohair traded 4.9% dearer at R237.99/kg. Fine adult mohair traded 5.7% dearer at R225.39/kg and strong adult mohair traded 5.5% dearer at R 210.62/kg.
The next sale of the 2017 winter marketing season is scheduled for 7 November 2017. –Market report