Prices soar at opening auctions
SANDY PARKER REPORT, VOL. 33, ISSUE 43, DECEMBER 28, 2009
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
Prices soar at opening auctions
AT FINNISH FUR SALES LAST WEEK, mink prices rose an average of 30% over September levels, the company reported. The auction drew a record crowd of over 400 and the mink were almost 100% sold under strong competition. The main buying was by Hong Kong/China, with the balance well spread among Italy, Greece and Russia. The foxes were all sold, the blues up 20%, blue shadow up 30%, blue frost up 25% and silver up 15%. Here, too, Hong Kong/China dominated with support from Turkey, Italy and Russia.
Mink prices advanced as much as 46% over September at the Kopenhagen Fur opener – and averaged 36% higher – much stronger than usual for a December sale. The collection amounted to only 1.4 million pelts, far smaller than the other sales in the coming season, but normal for a December sale. They were all sold under strong competition and dominated by Hong Kong/China.
IN THIS ISSUE
Prices Soar at Opening Auctions
Mink Up 36% in Copenhagen
Blue Fox Rises 20% in Helsinki
Farmed Sable Firm to Higher
December Retail Moving Along
For extracts from back issues of Sandy Parker Reports see News Archive. Subscribers can access an archive of complete issues at www.sandyparker.com.
