Market Activity & Analysis

Demand for lower priced BS, CBS, and HTS remains stronger with suppliers reporting decent forward positions, however, the pricier BBS and HNS selections are not as well sold forward. Sellers are pushing these hide selections into the market, shrinking the spreads between the mid- and top-priced hides. Increased numbers of heavier, jumbo-type hides are putting down pressure on these hides as well, closing the price spreads with normal seasonal…