The second sale of the 2018 winter mohair season took place in Port Elizabeth on 4 September, with an offering of 157,893 kg.
The offering consisted of very good quality mohair, with some excellent individual clips, with finer average microns than the previous sale and good clean yields.
The average market indicator gained 9.6% from the previous sale to close on R309.76 p/kg, with 99.1% of the offering sold.
Prices were driven by a much weaker SA currency, low volumes in the value chain and continued strong demand.
A highest price of R539.00 p/kg was paid for a bale of good style 25 micron kid mohair.
Compared to the previous sale, prices were as follows: Kids (winter) up 12%. Young Goats (winter) up 11%. Fine Adults up 10%. Strong Adults up 7%. Average up 9.6%.
Source: Mohair SA
