Market Activity & Analysis

With most Asia tanners on the sidelines for the National holidays in China this week, the tone of the hide market was very subdued. Once again, several people in the trade opined that less than a week’s-worth of hides were traded; however, for the past couple weeks USDA exports sales report surprised expectations, so it’s possible this may be the case this week. Prices were mostly steady with a few trades down or up a dollar depending on…