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.
AMMO’s second sale for 2017 was held in Narrandera on 24th November. Spirited bidding across the entire catalogue was evident with a sale average of $16.30 and a 100% clearance. Top price was paid for a lot of AFKID at $31.10/kg.
All the usual buyers were in attendance and they should all be congratulated for their strong support of the Australian Mohair Industry. It was also pleasing to see a large crowd in attendance.
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.
(02) 6959 2988 F: 02 6959 3004
PO Box 16, Narrandera, NSW 2700
68 River St. Narrandera, NSW 2700