Market Activity & Analysis

On the whole, the market this week has been subdued with suppliers’ focus on holding prices and keeping shipments flowing. A few hides sold at or close to steady, some below and on average, around a dollar lower. While sentiment was mixed, it leaned toward the bearish side with buyers looking for smaller quantities and order sizes much smaller than normal. On Thursday, the Jacobsen Hide Index at $80.14 closed down $0.70 from a week ago;…