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  AGRA CO-OPERATIVE Ltd.
Auction Summaries & Market Report
 
 
 
WHITE SWAKARA PELTS PERFORM EXCELLENTLY ON AUCTION DESPITE UNFAVOURABLE EXCHANGE RATE
 

Of the 50,949 swakara pelts on offer, 100% were sold by Agra in Copenhagen, Denmark on 13 September 2009. An average price of 195.83 Danish Krone (DKK) was attained, representing a decrease of 0.19% compared with the DKK 196.21 achieved in April 2009. The average price in Namibian dollar of NAD 286.69 reflects a decrease of 10.09% compared with the NAD 321.79 of the previous auction. The price in US$ was 38.41 compared with the US 35.36 of the April 2009 auction, reflecting an increase of 8.6%. The offer consisted of 40,149 black, 5,125 grey, 4,239 white, 315 brown and 1,121 miscellaneous pelts. The highest price for black in Namibia dollars of NAD 600.24 was paid for a lot of 64 D Light Lyre Select Super pelts and was bought by Mr Bourtsos from Greece. The price in DKK was 410. The highest price for white was NAD 878.40 (DKK 600) for a lot of 146 O Select pelts. The pelts were purchased by 25 buyers, while there were others that actively made bids but weren’t successful. The major buyer was Hong Kong with the agents from England second and Japan third. Buyers from Italy, Greece, the USA and Germany also participated actively at the auction. The inspection before the auction showed that there is still much interest in swakara, but the buyers are worried that because of the worldwide economic conditions, more expensive articles will sell more slowly and they fear that the shops still have stock. The white did very well for the first time on auction with a 23% increase in Danish Krone compared with the contract prices received in April 2009. The white received much interest especially because they are now available to everybody. The top Namibian producer (with more than 250 pelts) for this auction was RH Losper from Keetmanshoop who sold 256 pelts at an average of NAD 440.51, and the top RSA producer was LJ Kotze from Groblershoop, who sold 291 pelts at an average of R392.41.

 
   
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