Market Activity & Analysis

By most accounts, there has not been a significant movement with the hide market with suppliers and tanners just beginning one-on-one meetings ahead of the Hong Kong leather show. Suppliers are asking around $79 to $80 for bellwether selection HTS and buyers, meanwhile, are pushing for $75 C&F–a level they say is necessary given current leather markets. Some tanners indicate they are waiting until the show or after to make their buying…