Kopenhagen Auction Ends Strong
The Kopenhagen Fur February auction concluded Friday with the offering of the White and Mahogany type mink. The White mink continued the trend set the first day of the auction with mutation mink selling to strong demand at rising price levels. The Mahogany collection also sold well and in line with the price levels established earlier with the Black and Brown collection. When comparing these prices to US dollar levels established six months ago at the June KF sale, Black, Mahogany, and Brown males all sold at firm to slightly increasing prices while females sold at firm to slightly decreasing prices. Mutation mink as a whole advanced in every size and category as a result of strong demand on limited world production.
A strong demand and premium was paid for short napped mink, and is a big reason we expect a record number of buyers attending the upcoming North American auctions. Buying was dominated by Hong Kong/China throughout the sale with support from all major markets.
The trade will get a chance to test these numbers when they are factored into garment/accessory prices at the upcomingHong Kong(Feb 25-28) andMilan(Mar 4-8) fairs.
Report courtesy of American Legend Cooperative
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