Saturday, January 10, 2009

Fur Market moves forward cautiously...

According to Fur Harvesters Auction:

FHA held its first sale of the season on January 9th offering a fresh collection of all items with the exception of sable, lynx and cats. Our attendance mirrored that of last January and although buyers were cautious, support from all buyers in attendance was witnessed.

Considering the economic conditions around the world we were pleased with the prices realized and clearances above our expectations. Raccoon however remains mainly unsold as the trade continues to struggle with the high priced inventories of last season. We held to what we felt was reasonable levels and we are hoping this position allows those holding inventory, time to move their goods before our March auction in Seattle.

The climate in the fur consuming nations of China and Russia is now reflective of winter and coat sales are now moving. We are optimistic that prices will rise as the season progresses.

As always, we thank you for entrusting us with the marketing of your product.

Mark Downey
Fur Harvesters Auction Inc

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