Italian tanners report ample stocks
Published: 09 Jan, 2019
The first full week back for most of the tanners in Italy, most report that they are carrying enough stocks of hides not to need to dive into the market, especially when next week is the German trade fair in Cologne (interiors show).
The thoughts are that with an abundance of offers still on the table from the pre-holiday period that prices will again be under pressure, higher quality material may hold up pricewise but the lower down the scale the more pressure prices will be under.
Many tanners are said to hold stocks of bellies which historically would have gone to China but are now worth less than the transport cost to ship them, it may be that these along with other low grade materials are dumped which seems an almost criminal shame. To subscribe click here.