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Bulletin

Price pressure on Belgian hides

Published: 18 Sep, 2017

Further confirmation of the difficulties facing the European traders are seen in Belgium, where falling volumes and dropping prices are confirmed. Traders point to the factors that have been highlighted elsewhere on the continent for their woes: lower demand from the shoe upper segment, unfavourable exchange rates, strong competition from hides inside and outside of Europe, and slaughterhouses not lowering their prices enough.

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