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Bulletin

  • Consumers with money to burn

    Published: 14 Apr, 2021

    It has been widely reported that most of the wealthy countries in the Western world have large percentages of their population with money to spend. Reports would indicate that those that remained in work or on some form of governmental assistance package have been able to save large amounts.

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  • Australia – Continued low supply

    Published: 14 Apr, 2021

    With continued low supply, that is very sporadic at times, added to a high demand from Chinese tanners, it is very difficult for suppliers to work out the best strategy for selling. Do they take the price on offer from tanners now and sell ahead during April, and hope the price they pay for the green material stabilises?

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  • United States – New business slowing

    Published: 14 Apr, 2021

    Just recently, only limited amounts of new business has been reported to have been concluded. Those sales that have been reported are at steady price levels, with maybe just an extra US$1.00/hide on some selections of steers and cowhides.

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  • France – Market driving forward

    Published: 14 Apr, 2021

    The upward trend is reported to continue in the French hide market. In recent days, it has most notably been the Chinese stepping up to the mark and accepting higher price levels. With weak kills and sustained demand from tanners, there is no sign of the market cooling any time soon.

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  • Germany – Still growth on heavier weight material

    Published: 14 Apr, 2021

    Two shorter working weeks due to the Easter holidays, and the fact that many Chinese tanners appear to have taken a pause in their hide buying, has resulted in a flat sales period for many German suppliers. Those that had offers out to Far Eastern tanners prior to the holiday period report that they still have these offers out; some have had counter bids, while others report that no bids have been received.

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  • United Kingdom – Transit problems on all fronts

    Published: 14 Apr, 2021

    Those suppliers that sell their hides into Italian tanners have been able to achieve some price gains on the top two weight ranges of ox-heifers, while those that sell their hides into Chinese tanners have reported a slow-down in the number of tanners looking to continue to buy.

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  • Brazil – Green hides rising at a slower rate

    Published: 14 Apr, 2021

    For week 14 of 2021, the CICB hide green price indicator has shown that prices has risen from BRL3.01/kg to an average of BRL3.14/kg. This is a similar increase to recent rises. However, if we look more closely at the data, we can see that the percentage changes of hides procured from region to region has moved in favour of the more expensive, better quality hides.

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  • Italy – Raw material prices causing concern

    Published: 14 Apr, 2021

    Being one of the top leather suppliers in the world, the quick rise of raw materials prices is causing some concern among tanners. According to recent data published by the Italian Tanners’ Association (UNIC), bovine hides (excluding calf), have witnessed a price rise of 13% on average, with bull hides’ value increasing by over a third since the end of 2020.

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  • China – Tanners starting to show resistance to hide price increases

    Published: 14 Apr, 2021

    Although some higher prices have been paid for hides, both cured and wet-blue, over the past ten days, the volumes purchased have started to slow. As yet, it is difficult to work out if this is due to a tanner reluctance to follow the market any higher or because tanners have enough stocks held for the amount of finished leather they need to produce. 

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  • Shortage of supply of hides expected in the second quarter

    Published: 17 Mar, 2021

    As we move closer towards the end of the first quarter of 2021, it would appear that the pattern of a world hide shortage is set to remain, and in many origins may even reduce further. We know that the Australian supply of hides was already going to be lower this year, even without Covid problems.

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