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CAPE MOHAIR SALE 15.04.2008 USD 1.00=RAND 7.8500

CAPE - 1808 BALES OFFERED & 1734 BALES OR 96% SOLD

Today's sale saw Adult types up 3% against the previous sale prices. Young Goat prices were also up by 5%.

Kid types were up 12% against the previous sale with Weaving Kids up by a full 20%.

Shorts Scoured types were up 7%.

Outsort types were also up 7% against the previous sale prices.

Today's Cape Mohair sale was the largest offering of Kid Mohair for a significant time. However, prices still increased between 15%-40% for Good Style Fine Kids as demand increases. The next Mohair sale is now only in four weeks time. Reduced quantities will be on offer and we expect further pressure will be put on prices.

THE NEXT SALE WILL BE HELD ON THE 13th MAY 2008.

The Cape Mohair Sales Programme 2008

Summer 2008: Cat No. 01 - 19th February; 02 - 4th March; 03 - 18th March; 04 - 15th April; 05 - 13th May; 06 - 27th May; 07 - 17th June.

Winter 2008: Cat No. 10 - 12th August; 11 - 2nd September; 12 - 16th September; 13 - 7th October; 14 - 28th October; 15 - 18th November; 16 - 2nd December.


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