Our last auction for the 2018 calendar year saw spirited bidding for most lots on behalf of the buying companies.
Post auction negotiations for two large lots 21 & 22 of DFFH sold to Stucken and Australasian Mohair Trading for satisfactory prices. The sale of these two lots saw the overall sale clearance rise to 94.6% and the overall sale average price rise to $23.40/kg. A very pleasing result!
Top price for the sale was for Lot 1—a bale of BSFFK (B length Super Style Fine Fine Kid) purchased by Stucken for $42.00/kg. The best young goat fibre was sold to Sudwolle for $32.40/kg and the best adult price was for a lot of BFFH also sold to Sudwolle.
A record price of $25.00/kg was obtained for a line of Fine Stain (28.7 micron) with buyers recognising AMMO’s efforts to further sort traditional out-sorts by age/fineness.
8 bales remain unsold. These are DLOX and YGMOH—both very short lines, with little style.
Our first auction for 2018 was characterised by very spirited bidding and very buoyant prices reflecting mohair prices internationally. 28138 kgs were offered with a 98% clearance at auction and a subsequent 100% clearance of pooled lines. The sale average price of $24.52/kg rose by a remarkable $7.85/kg compared to the last Auction held in November 2017 and was the highest sale average since December 2015 where the average price was $20.53/kg. This is an Australian record sale average!!!
The top price was for Lot 1 BSFFK 23.9 micron, purchased by New England Wools for $42.50/kg . The best Young Goat price was $32.05/kg and the best adult price was $27.80/kg. The market continues to be driven by strong underlying demand and lower domestic and international production levels. Buyers at the auction had many favourable comments on the offering, stating that they were impressed by the uniformity of length and style of lines offered. From this we can deduce that changes to our classing recently introduced have been well received.
View reports and prices from previous sales.
The Pure Australian Mohair Project has been initiated to encourage niche market development for mohair of a specific type – Weaving Tyoe Mohair. Since its inception we have seen significant change in the improvement of the individual flocks, the quality clip results and the top results.
Australia urgently needs to fulfil its mohair market responsibility to deliver the needed qualities and quantities of mohair to help keep mohair as a valuable natural fibre in the needs, uses and vision of manufacturers.
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