Market Activity & Analysis

This week, the US hide market remains relatively slow with few buyers interested in following suppliers with higher asking prices. Like the past couple weeks, there was not a lot of material offered and most bids so far are steady and a few $1 below last week. Up to today, a limited number of sales have traded up from previous levels including packer HTS for $65, CBS for $57 and NHNDC for $60; however, the bulk of trading for the same…