Fur Harvesters Auction Inc provided a recent update of their take on the fur market this season. FHA is a company out of North Bay, Ontario, Canada and a great place to send furs to be auctioned off. They will be holding their first auction of the season January 7th, 2014.
Here’s some of what FHA’s Mark Downey had to say:
Wild Fur Market Forecast
Updated December 22, 2013
Having just returned from visiting customers and sales in Russia and Finland I can report more accurately now that both of the largest December auctions for ranch mink have concluded. Quite simply put, articles that have been dominated by the Chinese trade have SLOWED to a crawl. Very few buyers from China attended either of the European December auctions, resulting in overall clearances of only 20 to 25%, and at reduced levels of 20 to 30 %. The Russian sable sale went well with a small reduction in price and a clearance of 85%………………………
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