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Bulletin

  • China – leather industry with reduced output

    Published: 27 Apr, 2022

    The whole leather industry within China has been described by one commentator as a complete mess. Even tanneries that are not in lockdown zones are running at reduced capacity because of labour shortages, caused by restrictions on the movement of workers. There are real concerns in the footwear sector of the market, as tanneries see brands moving their operations away from China following two years of disruptions.

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  • Greece – Optimism turns to caution

    Published: 27 Apr, 2022

    The recent period in Greece has been described as interesting by one commenter. Up until almost the last day of the Lineapelle trade fair last February, there was an air of optimism in the trade after two very tough years.

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  • Lower prices to come?

    Published: 27 Apr, 2022

    All the signs at present point towards further downward price corrections within the hide trade, at least for the short term. Chinese tanners are reported to be showing more interest in buying U.S. hides again in mid/late April, but these appear to be just baby steps after a period of almost three weeks where many tanners reduced their buying or were forced to close. 

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  • Luxury goods on the crest of the wave?

    Published: 27 Apr, 2022

    Barely a day goes by without a major luxury fashion brand producing incredible financial results, the period of lockdown was a boom time for online sales, and since the lifting of shopping restrictions around the world consumers have had money to burn, many of these major brands are those that sell high-end luxury leather goods.

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  • Automotive leather requirements decline

    Published: 27 Apr, 2022

    The stop/start production within Europe and the U.S. due to component shortages, along with Chinese automotive production problems because of lockdown measures, is the reason for the slowdown in upholstery leather demand.

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  • Netherlands – Buoyant luxury end of the market for calf

    Published: 27 Apr, 2022

    The calfskin market within the Netherlands remains buoyant and, so far, immune to the market forces that are weighing heavy over other sectors of the leather industry. Almost all the calfskins are utilised within the luxury leather goods market and, with a smaller slaughter across Europe, this has helped to keep demand high.

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  • United States – hide prices continue to fall

    Published: 27 Apr, 2022

    Recent reports suggest more interest from Chinese tanners than for the past few weeks. Having more tanners bidding on hides comes as a welcome relief, however, it does indicate than some tanners who were outside of the lockdown zones had been waiting for the market to fall before dipping their toe back into the water. 

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  • Germany - Market is in a bubble

    Published: 27 Apr, 2022

    As with most other major hide producing origins within Europe, there has been a slight softening of the market, but nothing to get excited about. It is as if everyone in the industry knows that European hides are overpriced, but no one wants to be the first to say it. The longer this situation continues, the larger the price correction may have to be. 

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  • Australian slaughter predicted to dip in April

    Published: 27 Apr, 2022

    Meat and Livestock Australia (MLA) has released its forecast for an expected dip in slaughter volumes during April.

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  • Chinese banking problems

    Published: 27 Apr, 2022

    Suppliers from both Europe and the U.S. are reporting that trading with China is becoming harder. With Shanghai almost closed, the centre of banking and commerce within China, it is causing a problem. 

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