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The third mohair sale of the winter season featured a large, good-quality offering of 180 778kg, of which 94% sold. According to Mohair SA, the competition for finer hair was brisk, whereas the high volumes of stronger microns attracted less interest from buyers.
The average market indicator closed unchanged from the previous sale at R376,53/kg, but is 3% down in dollar terms. The highest price of R1 000/kg was paid for a bale of 24-micron super style kid mohair. Compared to the previous sale, kid mohair rose 4%, young goat hair remained unchanged, fine adult hair fell 3%, and strong adult mohair fell 2%. The biggest moves were in the 28-micron category, which rose 6,6% to close at R571,89/kg, and the 37/40-micron category, which fell 3,3% to close at R247,50/kg.
Market remains stable
The House of Fibre (THF) had its first Lesotho sale of the season and reports it did not impact the Cape sale, “showing that there is still good demand for mohair, driven by both European and Eastern markets”. The broker’s marketer, Roche Jongkind, said they expected downward pressure on adult hair, particularly for the lower-quality lots. “However, prices are still 11% better compared to the previous year, which highlights a very stable demand for hair,” he said.
THF client, Dawid du Plessis from Cradock’s super style kid bale with a micron count of 25 and a clean yield of 93,1% fetched R910/kg. At the OVK sale, PF Webber from Albany set a new winter-season record price of R1 000/kg for a super-style BSFFK bale.
Samil was the largest buyer, buying 43,6% of the mohair on offer. Stucken & Co was close behind purchasing 41,9%, Standard Wool SA bought 7,6%, Mosenthals 3,8%, VBC and Suedwolle 1,2%, and Connacher 0,7% of the mohair on offer. Fibre Flow, Loot Lotter Familietrust, and JS Mohair did not purchase any mohair at the sale. The next sale will take place on 20 October. – Roelof Bezuidenhout, Agriorbit
