Swakara auction successful

10 April 2019 | Agriculture

During the Swakara auction held in Copenhagen, Denmark during March, 100% of the pelts offered were sold.

A buyer from Italy bought most of the pelts, followed by a buyer from Greece who is registered in the USA.

In contradiction with the September auction that took place last year, there were numerous buyers from China who bought actively.

The average price for pelts at the auction was N$452 for an offer of 32 975 pelts, a decrease of 2% in comparison with the September 2018 auction where 23 326 pelts fetched an average price of N$462.

The auction consignment consisted of 18 952 black, 8 877 white, 1 830 spotted, 2 162 grey, 452 brown and 702 diverse pelts.

The black top lot of 48 R Flat Lig selected extra pelts was sold for N$1 297 per pelt and the white top lot of 34 KF selected pelts were sold at N$1 599 per pelt.

The average pelt price for the black Swakara was N$461, an increase of 20.37% compared to the September 2018 auction.

White pelts sold for an average of N$551, a decrease of 21.85% compared to the September 2018 auction. Spotted pelts sold for N$313, an increase of 38.8% compared to the September 2018 auction, brown pelts sold at N$426 and grey pelts at N$269.

The Namibian producer with the highest pelt average for more than 250 pelts marketed was Raynold Losper with an average price of N$712 for 400 pelts.

Due to the foot-and-mouth disease outbreak in South Africa, South African producers were unable to offer their pelts at the auction.

STAFF REPORTER

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