SAGA Furs Auction: A success

The June auction concluded on 13 June 2012 with sellouts of virtually all types of fur on offer. Prices remained relatively stable compared with the March auction. More than 600 buyers from all market areas attended the auction. Hong Kong and China accounted for the majority of the buying, with strong support from Russian and European markets.

The value of the auction sale was EUR 191 million with the average price of blue fox being EUR 129, and the average prices of all other fox types were stable at EUR 129. The average price fetched at the June auction for normal-quality male mink pelts was EUR 70 and for female mink pelts EUR 49.