
Bulletin
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Belgium – Better quality means better demand
Published: 09 Oct, 2020
A very similar story is reported with Belgian hides, as with most European hides. Suppliers have seen an increase in demand and price for the heavier better quality hides, with Chinese tanners leading the way in regards to demand.
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Ireland – Green prices on the rise
Published: 09 Oct, 2020
There are market price rises at both ends of the scale; the selling prices have recently risen by around US$4.00/hide, but the trickle-down effect has meant that green prices are also on the rise. Demand for hides continues to be strong from Chinese tanners, although it has been reported that Italian tanners are now showing more interest, having run down their hide stock levels.
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Spain – Offer lists well populated
Published: 09 Oct, 2020
Last year we gave news that some suppliers from Spain had carried out some underhand practices by loading containers destined for China with hides that were not as described on the contracts. The failure in many cases to pay the claims were greeted with much distrust by Chinese tanners, causing some to take to social media to vent their anger.
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Brazil – Top quality wet-blue in greater demand
Published: 09 Oct, 2020
Prices for wet-blue continue to climb, with the market now described by one supplier as very bullish. Demand still remains for the top quality TR1 wet-blue, but as the price for this increases, then finished leather tanners will start to look for value below the top quality levels, especially if the gap between the top grades widens.
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Germany – Hide prices flatlining
Published: 09 Oct, 2020
A flat but firm week best describes last week’s activity within Germany. There have been no reported price movements, either up, nor down. In recent times, there has been an upward trend in prices, but the amount tanners can currently pay seems to have hit the ceiling.
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United States – More selective offer lists
Published: 09 Oct, 2020
The price rises for hides that are more suitable for the upholstery business continued last week, while there was a levelling off on prices elsewhere. On October 1, the latest export hide sales were released for both cured and wet-blue material; there had been a sharp decline in the volume of sales made on both fronts.
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China - Strong domestic demand
Published: 09 Oct, 2020
The demand for finished leather continues to be almost exclusively from the domestic trade. The upholstery side of the finished leather business is reported to be very buoyant, although there are now signs that customers are becoming resistant to further price rises, so maybe the ceiling has been found, or is very close to being found.
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Kenya – Hide smuggling continues to cause problems
Published: 09 Oct, 2020
The only reported leather activity of any note is said to be in the market for industrial gloving. Apart from this, the Kenyan market is described by one commentator as very dull. Many suppliers are still in Kenya and unable to visit their main customers in India due to the ongoing virus restrictions, and in many cases because there is just so little business to discuss.
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Hide demand outstrips supply
Published: 09 Oct, 2020
There are very few positives to draw from the world Covid-19 problems, but perhaps one piece of good news for the hide supply industry is that after a long-time demand is outstripping supply within certain segments of the hide industry. Slaughter rates in almost all origins are well below the normal levels.
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Italian tanners start buying hides after the summer
Published: 03 Sep, 2020
Italian tanners have already started to take in hides, in readiness for full production to start back. These deliveries would have been for contracts made prior to the August holiday periods, and are expected to take between 2 – 3 weeks to complete.