Low hide prices and leather demand worldwide

Low hide prices and leather demand worldwide

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May 14

Slaughter remains unchanged. Raw fresh hides continue to be very low priced.

Despite the pandemic, the Argentine Beef Promotion Institute (IPCVA) continues to promote Argentine beef in China with the aim of keeping one of the most important markets for the country’s exports active.

“We come from years of making an enormous effort to increase exports, at first, and then to position ourselves as suppliers of quality beef,” said Ulises Forte, President of the IPCVA. “And that work paid off, not only because China has become our main buyer in recent years, but also because after the first impact of the pandemic it recomposed purchases,” he added.

Buenos Aires wet salted heavy steers remain quoting at about…

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Fastmarkets assessed

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at $370-420 per short ton on Wednesday, widening downward from $380-420 per ton on Tuesday April 23.

And Fastmarkets’ price assessment for
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