High Demand for Sable
The following extract is reproduced with permission from Sandy Parker Reports, Weekly International Fur News, Vol. 34, Issue 47, 2011.
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.
The recent auction at Sojuzpushina in St. Petersburg not only saw higher prices for sables, but also confirmed that Russia again is an international competitor at the upper level.
The offering of wild sable skins was completely taken up by a broad range of buyers, indicating excellent demand for sable garments in many countries this year despite general economic problems. A limited-production item whose sales are in the top tier at prestigious retailers, that business was described as excellent. The 220,000 pelts were 100% sold at prices ranging to almost double of what they brought last April, which were 10% to 20% higher than at the previous sale that January.
The 201,000 Barguzins brought an average of $157.24 and a top of $2,500, the top bundle bought by Tsoukas Bros. & Sons of Kastoria. The 2,000 Kamchatka brought $163.99/$370; 4,400 Enisei $80.32/$105; 5,500 Jakut $91.60/$250, and 1,400 Amur $77.32/$170.
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Sandy Parker Reports
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