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Results of the 10th IFA


The difficult political situation has a serious impact on economic process. A significant strengthening of the ruble exchange rate does not bring profit to exporters: hunters, suppliers and the auction as an agent. The desire to compensate for this volatility pushes the seller to increase a starting price.


On the other hand, buyers are not ready to pay more, because for large European counterparties nothing has changed economically. Moreover, traditionally spring auctions do not show rising fur raw materials prices. The uncertainty of demand and a significant amount of goods remaining on the market continue to negatively affect it.


But the past pandemic period has taught us how to work in difficult situations. The active position of our auction and a flexible strategy of working with buyers have allowed us to achieve a good level of sales and to maintain prices for the main positions.


Results of the May auction, 2022

Raw fur, sable

Quantity, pcs.

Sold, %

Min., $

Avg., $

Max., $

Barguzinsky

56'086

42

31

79

135

Barguzinsky

silvery

8’564

11

78

160

850

Low

grade

1’400

83

12

39

55

Other

types

2’000

82

38

44

56

At the last auction, inexpensive small and medium-sized goods were in the greatest demand, as well as light-colored skins on an especially large size. The main buyers were from Italy, Greece, China and Russia.


Despite the favorable exchange rate of the national currency, there was no active interest in the bright silvery sable skins from its traditional Russian buyers. Purchases were selective due to the uncertainty of demand and the specifics of the product itself. Currently, manufacturers are more likely to make products from bright silvery sable skins for a private client and not for the future.


The top lot of the May auction, 2022

Top lot

Buyer: ООО «Snezhnyi bars»

Price: 850 am. dollars per skin

Our auction house always strives to provide the most convenient service. The constantly improving online auction platform simplifies the work with fur raw materials and systematizes sales. New shipping destinations in Hong Kong, Cambodia and Malaysia expand the market and save our customers' costs. The constant search for new opportunities allows us to be profitable and to guarantee you the stability of already established business procession.


We really appreciate the feedback that we receive. We also would like to express our thankfulness to our suppliers and customers for the trust and support that you have given us throughout this time.


We invite everyone to take part in the next auction. We will inform you additionally about the dates of it. Follow auction news on furs.su and our Telegram-channel!


Best regards,

General director (CEO) of Ruspushnina ltd.

A. Plehanov

______________


Online auction results 10
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