4 March, 2025

::: Cape mohair sale 4th March 2025 :::

CAPE MOHAIR SALE            04/03/2025
CAT 25/02

Exchange rates -                       USD 1.00 = R 18.5670      EURO 1.00 = R 19.5028

Previous sale (11/02/2025)        USD 1.00 =  R 18.4745     EURO 1.00 = R 19.0528

1451 bales offered, 1433 or 99% sold

BUYERS
SAMIL                           619/ 2
STUCKEN                      548/ 3
MOSENTHALS                149/ 2
SUEDWOLLE                   48/ 0
VBC WOOL SA                12/ 0
CONNACHER                  45/ 0
LLOTTER TRUST              9/ 1
STANDARD WOOL           3/0

PASSED                          11

There was good competition on the large offering of 185 000kg. All qualities increased in price with the young goat range recording the most significant increase while accounting for 41 percent of mohair sold today. The super kid mohair on offer varied in length which is normal for goats shorn at the beginning of the season.

There was more activity from Italy the past two weeks while Chinese factories have reopened after the Lunar new year

Super Kid            +3%
Kid                      +4%
Young goat          +7%
Adult                   +5%

The next Cape auction will take place on the 25th March 2025 with approximately 200 tons on offer.