Market Activity & Analysis

Offers list from a number of US producers were aggressively priced with most shipment windows varying from late November through January. Shipment schedules are starting to come up against the Chinese Lunar New Year holiday which begins on January 28. Tanners will not be taking deliveries ahead of and during the holiday period and depending on tanner schedules, the black-out could range from two to four weeks. Some in the trade are speculating…