Market Activity & Analysis

In the US hide market, the offer lists this week have a fairly large number of hides ready for close-in shipments and several prices down from last week’s levels by $1 to $3. Buyers are showing limited interest with bids still scarce as tanners search for leather orders. New reports from China point to some large tanners staging for significant leather price reductions in order to drum up business. The prices floating around are lower than…