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Saga Furs Auction Reports – March 2017

 

 

March 8: Black, Mahogany and various Cross mink sold at increasing prices

 

Today’s offering of Black, Mahogany and various Cross mink was almost 100 % sold under strong widespread competition. Prices for most items advanced 5-10 % from recent international levels.

China was again the dominant market with continuing support from Korea and Europe. Strong buying for Russia contributed to today’s price increase for Black and Mahogany males.


 

March 7: Stable price for Brown and Palomino mink

 

Saga® Brown and Palomino minks were nearly 100 % sold today under widespread competition at firm prices compared with most recent international levels.

Buying was again dominated by China and Hong Kong with support from Korea and Europe.

Day 3: Sales Results

 

 


 

March 6: Strong competition for mink continued

 

Saga Furs March auction continued second today with the selling of Sapphire, White and Pearl mink. The sales started with Sapphire males, which were 100 % sold at increasing prices compared with the recent international levels. Sapphire females, White and Pearl continued with firm to slightly stronger prices. The 100 % certified White female lots fetched premium price in the categories preferred by the fashion brands. Hong Kong/China dominated today’s buying with good support from Korea and Europe.

The Saga Lumi Royal Top Lot of White females was bought by Min Fufeng for Li ChengSheng, Tongerpu China.

Day 2: Sales Results

 

 


 

March 5: Saga Furs mink auction started with a 100 % Silverblue sale

 

Saga Furs March auction kicked-off today in a packed auction room with over 600 buyers participating from all markets. Today’s offering of over a half a million Saga® Silverblue mink was 100 % sold at firm prices compared with recent international levels. Buying was dominated by China and Hong Kong with good support from Korea, Russia and the European fashion industry.

Responding to the requirements of both the global fashion brands and consumers, SAGA will offer 100% Saga certified minks for sale on Monday 6 March. As the only auction company with a comprehensive certification programme and the first to be able to offer fully certified mink lots, Saga Furs is well positioned as the industry benchmark for sustainability. Lots will be available in White, Brown, Black and Mahogany mink in both males and females.

Day 1: Sales Results

 

 

International Fur Auction Reports
by RB Media Group
Posted: March 9, 2017

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