Market Activity & Analysis

The US hide market is still fairly slow at the mid-week point with holidays sidling some buyers from China and Korea. A number of people on the supply side are lauding that the large number of hides sold last week will help the market to stabilize. Meanwhile, this week offers were a mixed bag with some noticeably smaller, while others are the same or slightly larger and asking prices are from steady to a dollar lower.

By most accounts,…