Wild fur prices advance in Toronto

SANDY PARKER REPORT, VOL. 34, ISSUE 6, MARCH 22, 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

Wild fur prices advance in Toronto

THE UPTREND IN SKIN PRICES CONTINUED LAST WEEK IN TORONTO, where North American Fur Auctions conducted its big sale of mink and wild furs. With over 400 buyers in attendance, the competition was keen and the price increases were significant in both cases. In the case of dark and mahogany males, prices were firm to the high levels in Seattle. Hong Kong/China was the dominant buyer with good support from Greece, Korea and Russia.

In the wild fur catalog, muskrats sold at historically high prices. That reflected not only the soaring mink prices, but China’s “discovery” of muskrats and its total domination of that item. Prices of the ‘rats more than doubled last year’s averages. Big increases also were reported for wild mink, up 80% over last year; otters up 75%, lynx cats up 60% and beavers and raccoons advancing.

IN THIS ISSUE
Retail Sales Defy Recession
Global Volume Rises Slightly
More Designers in Fur Than Ever
Mink Prices Higher at NAFA
Wild Furs also Advance

For extracts from back issues of Sandy Parker Reports see News Archive. Subscribers can access an archive of complete issues at www.sandyparker.com.