Mink Pelt Prices Up at Finnish Opener

SANDY PARKER REPORT, VOL. 34, ISSUE 42, DECEMBER 27, 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
Mink Pelt Prices Up at Finnish Opener
MINK PRICES WERE FIRM TO SLIGHTLY HIGHER THAN RECENT LEVELS at last week’s opening sale of the season at Finnish Fur Sales. Although the offering attracted fewer than usual Chinese buyers because of that country’s current investigation into possible tax evasion, those who came bought well and there was strong demand from Turkish and Russian interests. The company reported over 400 international buyers in attendance.
The relatively small mink offering was almost all sold, mainly to Hong Kong/China, but also to Russian interests. Karakuls also drew strong interest, as did Russian farmed sables, finnraccoons and foxes. According to the official report in the mink catalog, the 37,000 black males were 88% sold at an average of $59.50 and a top of $75, while the 44,000 females sold 99% at $34.72/$45; 46,000 brown males 100% at $49.01/$61 and 49,000 females 100% at $30.98/$39; 110,000 glow males 100% at $63.13/$81.59 and 115,000 females 100% at $39.68/$51.32.
IN THIS ISSUE
Weather Disrupts Auction Travel…
…but Motivates Sales at Retail
December Business Looking Good
Prices Up at Finnish Opener
Russia, Turkey Strong Buyers
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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