Saga Furs auction offered today 500,000 Saga Mink skins. The auction room was active with buying dominated by China with support from Korea and the European fashion industry.
The auction started with the sale of 60,000 Palomino Mink skins that were more than 90% sold. Prices were from firm to slightly increasing compared to the most recent European level.
European Mahogany and Black Mink were 80% sold at firm prices with velvets receiving premiums.
A first time offering of 120,000 Saga North American Dark Mink followed the same pattern. The offering was 90% sold with velvets achieving premium prices to equivalent European goods.
The North American Black Female Mink Top Lot was purchased by Top Fabution•33 (TF•33) from Tongerpu China.
The auction will conclude tomorrow with the sale of Pearl female mink and Cross types.