New world record price for mohair

The second sale of the 2010 mohair summer selling season was highlighted hy the extremely good competition for adult mohair from all international and local buyers.

The highest ever average indicator for adults was registered at R83,37/kg at the auction. A bale of BSFFH of Mr David and Mr Richard Herold of Graaff-Reinet attained a new world record price of R98,50/kg for adults as offered on the auction by the mohair broker, Cape Mohair & Wool (CMW). It was bought by Samil, one of two local processors. Samil is a South African company and showing their commitment to the industry. They are involved with local industry development programs, and donate angora goats for training for BEE projects. They are also involved with a project where existing young South African angora goat farmers can benefit and become mohair farmers on the long term.