Market Activity & Analysis

Last week was transitional with Asian buyers starting to return from the Chinese New Year holiday and the start of the countdown for the March 30-April 1 Hong Kong APLF. US suppliers said that toward the end of the last week they were encouraged by the apparent interest, although many of the bids were too low.

There was a small amount of business on a few popular hide selections $0.50 to $1 higher; however, the market in general was…