Price gap narrowing between North American, European mink
SANDY PARKER REPORT, VOL. 34, ISSUE 11, APRIL 26, 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
Price gap narrowing between North American, European mink
THE PREMIUMS THAT NORTH AMERICAN MINK FARMERS TRADITIONALLY HAVE ENJOYED over prices paid for pelts produced in Europe are continuing to narrow.
While they still exist in connection with classic European mink, increasing Danish and Finnish production of short-napped types, called ‘velvet’, are steadily bridging the gap.
At the most recent sale at Kopenhagen Furs, the offering of velvet types accounted for almost half the collection and brought premiums of as much as 10% to 15% over the classic pelts. With the exception of black males, averages brought by the velvets in the other major colors were very close to those at the March sale at North American Fur Auctions.
The Americans still got about $10 more for their black males, but the Danish mahoganies averaged a few percentages higher than the American goods. The averages may not be directly comparable because of variations in sizes and other considerations.
IN THIS ISSUE
Seal Hunt Ends Prematurely
Weather a Major Factor – No Ice
Harvest Far Lower than Normal
High Court Voids Cruelty Law
Sable Prices Firm to Higher
For extracts from back issues of Sandy Parker Reports see News Archive. Subscribers can access an archive of complete issues at www.sandyparker.com.
