Portugal - Raw hide prices at the slaughterhouse in July were contrary to expectations and remained stable and firm. The tanners continued to be busy, and some of them even reduced or postponed the summer break. In fact, all raw hides produced this week will be taken over by local tanners.
Spanish traders are flooding into the Portuguese market to sell raw hides at a lower price, with a view to making a final effort to free their hands of inventory before the summer holidays.
The overall atmosphere between tanners is now better, because the price of finished leather has been determined not long ago, and now there is room for some profit.
Despite increasing rumors that the price of lambskins has fallen, the fact is that these lambskin prices are still quite strong and there is strong interest in all grades of products. High-quality double-sided lambskins are traded at the dock for a price of about 15 euros/piece, while the lower-quality products offer and sell for between €2.00 and €9.00 each.
U.S. – Buyers are increasingly under pressure to expect prices to fall. A large number of lower offers illustrate this. Tanners explained that the new leather orders do not allow any profits from existing raw material prices.
Although most sellers were not impressed with this impression, they are still quite satisfied with the status quo and there are rumors that a few of them may have made some concessions and accepted slightly lower prices.
We must look at how prices will develop in the coming days before drawing conclusions. The same is true for cow hides. It seems that heavy products have clearly been in a downward trend. As we have seen another drop of 2 dollars, this has caused the price to fall by 10% this week.
France, of course, is calm, but it is still interesting to learn that the French hide market is still the strongest in Europe.
The raw hide quality that the French hide market can provide cannot be found in other European markets. In addition to Italian regular customers, Chinese buyers have also found that this quality advantage has created more buying competitiveness. Car leather manufacturers and leather luxury goods demand French bulls. Cow hides are needed by the decorating industry tanners and base leather manufacturers, and buyers are always privileged to purchase large square-shaped French cows suitable for the production of shoulders (strips) and abdomen.
A small number of powerful meat processing companies continue to maintain very good forward sales, so their pricing strategy is firm and trade is in their hands.
The denim skin market is expected to lose a good deal from Italian regular customers, but it will not cause further fine-tuning of prices, and people think that the fine-tuning has not yet reached. Sellers rarely get bids on their existing quotes. Chinese buyers have also become new buyers of the material for some reason. However, the production cost of the calf has become very expensive, so its production cannot meet fur demand.
UK/Ireland - Demand for cow hides from China remains strong and it is reported that there is further sales. The price has not changed much. It is said that raw hides are used for car leathers that apply to the quality requirements of the Chinese domestic market.
The price of the Irish slaughterhouse has fallen by 1 euro per week for several weeks and is now falling from 54 euros to 46 euros.
Italy - After the holidays, the tanners have added the leather needed for re-tanning, but almost no one dares to buy more. In fact, the predictive probability that the market will become firmer or weaker in September is still 50/50, which does not have much effect.
Therefore, merchants and tanners will continue to focus on market development on a regular (if not daily) basis to ensure that they can remain calm and not panic when faced with anything. All people think that the unknown factors may have a sudden impact on China. People do not know how the market will develop.
company news:
UNITED KINGDOM - In April, May and June, luxury goods maker BURBERRY gained 30%.
Spanish traders are flooding into the Portuguese market to sell raw hides at a lower price, with a view to making a final effort to free their hands of inventory before the summer holidays.
The overall atmosphere between tanners is now better, because the price of finished leather has been determined not long ago, and now there is room for some profit.
Despite increasing rumors that the price of lambskins has fallen, the fact is that these lambskin prices are still quite strong and there is strong interest in all grades of products. High-quality double-sided lambskins are traded at the dock for a price of about 15 euros/piece, while the lower-quality products offer and sell for between €2.00 and €9.00 each.
U.S. – Buyers are increasingly under pressure to expect prices to fall. A large number of lower offers illustrate this. Tanners explained that the new leather orders do not allow any profits from existing raw material prices.
Although most sellers were not impressed with this impression, they are still quite satisfied with the status quo and there are rumors that a few of them may have made some concessions and accepted slightly lower prices.
We must look at how prices will develop in the coming days before drawing conclusions. The same is true for cow hides. It seems that heavy products have clearly been in a downward trend. As we have seen another drop of 2 dollars, this has caused the price to fall by 10% this week.
France, of course, is calm, but it is still interesting to learn that the French hide market is still the strongest in Europe.
The raw hide quality that the French hide market can provide cannot be found in other European markets. In addition to Italian regular customers, Chinese buyers have also found that this quality advantage has created more buying competitiveness. Car leather manufacturers and leather luxury goods demand French bulls. Cow hides are needed by the decorating industry tanners and base leather manufacturers, and buyers are always privileged to purchase large square-shaped French cows suitable for the production of shoulders (strips) and abdomen.
A small number of powerful meat processing companies continue to maintain very good forward sales, so their pricing strategy is firm and trade is in their hands.
The denim skin market is expected to lose a good deal from Italian regular customers, but it will not cause further fine-tuning of prices, and people think that the fine-tuning has not yet reached. Sellers rarely get bids on their existing quotes. Chinese buyers have also become new buyers of the material for some reason. However, the production cost of the calf has become very expensive, so its production cannot meet fur demand.
UK/Ireland - Demand for cow hides from China remains strong and it is reported that there is further sales. The price has not changed much. It is said that raw hides are used for car leathers that apply to the quality requirements of the Chinese domestic market.
The price of the Irish slaughterhouse has fallen by 1 euro per week for several weeks and is now falling from 54 euros to 46 euros.
Italy - After the holidays, the tanners have added the leather needed for re-tanning, but almost no one dares to buy more. In fact, the predictive probability that the market will become firmer or weaker in September is still 50/50, which does not have much effect.
Therefore, merchants and tanners will continue to focus on market development on a regular (if not daily) basis to ensure that they can remain calm and not panic when faced with anything. All people think that the unknown factors may have a sudden impact on China. People do not know how the market will develop.
company news:
UNITED KINGDOM - In April, May and June, luxury goods maker BURBERRY gained 30%.
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