Legends of the Industry



Please wait while JT SlideShow is loading images...
NAFA Auction Reports – April 2016

 

 

April 10, 2016: Black and Mahogany Males

 

NAFA’s April auction concluded with the sale of Black and Mahogany male mink, which sold at 100%.

The sale of Black male mink, including Black NAFA, was very strong with prices advancing upwards of 10% over those achieved at recent international auctions. China dominated the bidding, with excellent support from Greece.

Mahogany males also sold very well, once again, advancing 10% over recent sales.

NAFA is proud to have sold 100% of its 5.2 million mink offering. Daily bidding was both energetic and competitive, resulting in firm to advancing prices for all mink. NAFA was successful in attracting very strong buyer attendance from all markets, including in numerous bidding centres throughout China, where buyers were able to participate through NAFA’s state-of-the-art high-speed, online auction service.

Top Lots

The Top Lot of Black NAFA — Male was purchased by Long Radiance Ltd. for Beijing Shulan International Garment Group Co., Ltd., of Beijing, China for $860. Produced by Patrick Collection.

The Top Lot of Mahogany Mink — Male was purchased by China Fur Commodities, Ltd., for Jin Meng Fur, of China for $230. Produced by Dixon Mink Ranch

 

Sale Results

 

 

 


 

April 9, 2016: Female Mink Advance on Day Five

 

Day five of NAFA’s April mink sale featured Black and Mahogany female mink, which sold at close to 100%.

Black female mink, including the world’s finest collection of Black NAFA, sold very well to an enthusiastic room, at levels that were firm to advancing. Korea was especially active in competing for the highest quality Black NAFA, with good support from China. Mahogany females also sold at levels that were advancing over those achieved at recent international auctions.

NAFA’s collection of Western Lynx Cat sold 80%, primarily to Italy with support from Greece and Korea. Larger sizes and clearer colored bellies sold under strong competition with the Italian fashion industry dominating. Flatter sections and commercial qualities had support from Greece but saw resistance in price and clearance.

Top Lots

The Top Lot of Black NAFA — Female was purchased by Long Radiance Ltd. for Harbin Guifuren Fur Square, of Harbin, China for $800. Produced by Zimbal Mink.

The Top Lot of Mahogany Mink — Female was purchased by Sotiris Vogiatzis for EFD Papadopoulos Furs, of Kastoria, Greece for $260. Produced by Dixon Mink Ranch.

The Top Lot of Lynx Cat was purchased by FENDI of Rome, Italy for $900.

The Top Lot of Lynx was purchased by Phil Patterson (For Fur Brokerage) for Randy Richard of Glacier Wear of Maine, United States for $140.

 

Sale Results

 

 

 

 


 

April 8, 2016: NAFA sales continued with Demi - Bronw Minks

 

NAFA is very proud to have set a single-day record of selling approximately 1.6 million mink, 100%, at advancing levels for both males and females.

Today’s sale, which featured Demi Brown mink, generated energetic bidding throughout the day. Short nap, better qualities achieved strong advances, while commercial mink were firm. China dominated, with support from all other international markets.

 

April 8 : Demi - Brown - Detailed Sale Results - PDF

 

Strong Competition and Clearances for Both Sable and Fisher

NAFA’s collection of Can-Am Sable sold under strong competition on Thursday. Korea was very active for all better qualities, with good support from Hong Kong, China and Europe. The popularity of this item was demonstrated by the significant attendance in the auction room.

Fisher sold 100% with China being the primary buyer of females, Greece and Italy buying most of the males. Otter sold 40%, meeting price resistance throughout. Tuesday’s Wild Mink sold 56% with good clearances in the males, while the females remain unsold.

 


 

April 7, 2016: NAFA Sales continued with White and Pearl mink

 

The third day of NAFA’s April mink sale featured the sale of White and Pearl mink. Again, there was widespread bidding in a full auction room on better grades and naps, a reassuring fact that indicates an increase in confidence in the market.

White and Pearl males were firm, while females of both varieties advanced over recent international auctions. The sale of White female mink, in particular, was very strong. All mink sold at close to 100%.

China continued to dominate buying throughout the day, with some support from Korea and Greece.

Can-Am Sable sold very well, with Korea very active for all better qualities, and with good support from Hong Kong, China and Europe. The popularity of this item was demonstrated by the large attendance in the auction room.

TOP LOTS

The Top Lot of White Mink – Male was purchased by Haining China Leather Market Imp. & Exp. Co., Ltd. and Mechutan Fur Corp. for Zhejiang NA Rose Fur Co., Ltd. Of Zhejiang, China for $350. Produced by Zimbal Mink.

The Top Lot of White Mink – Female was purchased by Guangzhou Manali Apparel Trading Co., Ltd. For Mr. Li Xu of Maifei’er Furs of Dalian, China for $310. Produced by David Dittrich.

The Top Lot of Can-Am Sable was purchased by TAE RIM FUR CO., LTD of Korea for $190.

 

April 7 : Detailed Sale Results - PDF

 

 

 


 

 

April 6, 2016: Auction Continues!

 

NAFA Action continued with Palomino, Pastel, Silverblue, Shaphire and Blue Irish male and female mink sales with good results and mostly 100% clearances.

 

April 6: Detailed Sale Results - PDF

 

 

 


 

 

April 5, 2016: Further Market Confidence Evident

 

NAFA’s April mink sale opened to a crowded auction room with the sale of Pastels. Widespread bidding continued throughout the day, dominated by China.

Pastels sold at close to 100% at firm to advancing prices compared to the most recent relevant auction. Palomino mink also sold at near 100%, with males firm to advancing compared to the most recent international levels, and Palomino females achieving significant advances.

 

Sale Results

 

 

 

 

 


 

 

April 4, 2016: Higher Prices for Coyotes Continue

 

The international fashion and trim trade again demonstrated strong demand for Coyote, competing aggressively for better sections of Western Coyote. Western Heavy sold 99% at advancing prices, while Western Semi Heavy sold 75%, also at increasing prices.

Overall, Raccoons sold better than expected, with 250,000 going primarily to China and Europe. This is the first time Raccoon has sold in any volume in two years. Better sections and better qualities achieved higher-than-expected prices, while commercial and small sizes continue to sell at discounted prices.

Shearing type Beaver sold well at higher prices, while long hair continues to meet with resistance. Musquash sold 50%, primarily to China.

The results of today’s wild fur auction show a general improvement in the atmosphere of the market.

Ranch Silver Fox sold 65% at levels very firm to recent international auctions.

The Top Lot of Beaver was purchased by A. Borello for Gianfranco Ferré Furs of Milan, Italy for $63.

The Top Lot of Coyote was purchased by Rebellato Graziano of Italy for $340.

The Top Lot of Ranch Silver Fox was purchased by Randy Richards for Glacier Wear of Maine, United States for $100.

 

Sale Results

 

 

International Fur Auction Reports
by RB Media Group
Posted: April 10, 2016