Mohair news winter 2015 online file

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Winter Review 2015

MOHAIR news I nuus From the SA Mohair Industry / Vanaf die SA Sybokhaarbedryf

Mohair Still in top form by Deon Saayman

Over the past few weeks and months speculation has been rife about the mohair market and more specifically the kid market. The market environment is complex and there are many external factors that need to be considered. The aim of this article is to highlight some of the scenarios that play out in the market place and could potentially influence prices. Let’s take a step back and put it all into perspective: If we go back to the beginning of 2009, the average market indicator amounted to R66.06. A year on the market indicator was R85.90 and the beginning of 2012 it was R92.29, a 40% increase. In 2014 the

market opened at R132.13 and eventually peaked at R195.77 on the opening sale of 2015, which represents a 100% increase in 24 months. (Graph 1 below) The argument may certainly be made that the price levels were too low to start with and the price increases were merely putting mohair at its rightful price levels, but will not negate the quick rise in prices over a very short time period. This will make some users nervous and they will endeavour to consolidate their position

within their specific textile market. Exceptional demand was experienced for the mohair fibre across the board and the ban placed on Angora rabbit hair in 2013 by brands like Zara and GAP further increased the demand for mohair, especially on the finer end. The weakening SA currency during the period of 2009 to 2015 certainly supported the market, but the volatility between the USD and the Euro (graph 2) started to make trading for European Continues on page 2..

in this issue.....

regular features:

1-3 4-5 6 7 11 15

8-9 10 10 13 17 19 20

MOHAIR STILL IN TOP FORM DIE HUIDIGE STANDVAN DIE SA BOKHAARMARK RESTRUCTURING WITHIN THE MOHAIR INDUSTRY NEW APPOINTMENTS PETER CAWOOD CELEBRATES 50 YEARS OF RAM BREEDING SASKV- DIE VERENIGING VIR SY PRODUSENTE

MARKETING MOHAIR - MOHAIR MOVES MOHAIR MARKET DAIDOH MOHAIR TROPHY WINNER ANIMAL HEALTH ANNOUNCEMENTS- ERMENEGILDO ZEGNA MOHAIR TROPHY MOHAIR EMPOWERMENT TRUST & NAMC VISIT WHAT’S ON IN MOHAIR COUNTRYRAM BREEDERS’ MOHAIR NEWSWINTERCALENDAR 2015

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Mohair news winter 2015 online file by Robyn Rütters - Issuu