NAFA Considering Hong Kong Sale

SANDY PARKER REPORT, VOL. 34, ISSUE 40, DECEMBER 13, 2010
The following extract is reproduced with permission from Sandy Parker Reports, Weekly International Fur News. Sandy Parker has been covering the fur industry for more than four decades. For most of that time he has published a weekly newsletter, detailing results of international pelt auctions, wholesale price trends, business developments and movements in the trade, as well as economic and political activities that may impact on it.
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International Fur News
with Sandy Parker
NAFA Considering Hong Kong Sale
IT HAS BEEN LEARNED THAT NORTH AMERICAN FUR AUCTIONS is contemplating holding an auction in Hong Kong next year. NAFA recently added Sept. 2 to its 2011 auction schedule. No venue was specified, nor is it ordinarily, so it was generally assumed it would be held at home in Toronto. However, NAFA subsequently sent letters to ranchers advising them that it is investigating the potential of an auction in Hong Kong. Reached late last week on his return from Korea, president and ceo Michael Mengar confirmed Hong Kong is being considered and that Sept. 2 is a possibility. But, he pointed out, a final determination is a long way off.
This would be the second overseas auction held by NAFA, the first having been held in Hong Kong 15 years ago. That event was a joint venture with China Animal By-Products Auction and held in the Hong Kong Convention Center, where it was managed by China Fur Auctions.
IN THIS ISSUE
Retail Still Getting Weather Assist
Eyes Now on Kopenhagen Opener
Probe May Force Chinese to Skip
NAFA Considering Hong Kong Sale
U.S. Trade Wins Labeling Skirmish
For extracts from back issues of Sandy Parker Reports see News Index. Subscribers can access an archive of complete issues at www.sandyparker.com.
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