The third sale of the 2020 mohair summer season recently took place in Port Elizabeth. A total of 180 890kg was on offer, of which 75% was sold.
Although the offer consisted of some good individual clips, the average market indicator decreased by 1% (in rand and dollar terms) from the previous sale, to close on R222,88/kg.
The kid sector of the market decreased by 2% due to the shorter length kid mohair on offer. Although the sale percentage is higher than the previous sale, it is lower than usual due to seedy mohair on offer and reserve prices on individual clips.
There was good competition for offerings certified by the Responsible Mohair Standard, which resulted in a better sales percentage and higher prices. The highest price for kid mohair (R560/kg) was paid for a bale of 24/25 micron.
The next sale of the 2020 summer season will take place on 29 September 2020. – Market report, Mohair SA
More about Mohair South Africa
Currently, South Africa produces approximately 50% of the world’s mohair.
As such, mohair production in South Africa comes with great responsibility. Mohair South Africa was established to assume this responsibility, develop and maintain industry standards to ensure ethical and sustainable practices, and provide ongoing support for the South African mohair sector.
Mohair South Africa seeks to advance the mohair industry through international partnerships and alliances to enhance the production and consumption of mohair products.