September 17
With limited demand for heavier weighted material, raw fresh frigorificos hides remain at zero pesos.
Currently, some tanneries are struggling to reinstate the export tax rate to zero, but all exports of wet salted and wet blue hides are having to pay the export tax again.
Low overseas demand is causing tanneries to continue running at a low rate.
Pundits opined that what is seen is speculative – Europe returned from the holidays and they are digesting their inventories.
There are sales of semi-finished leather at US$1.00 per sq.ft. for total TR selection. The demand in China is for upholstery and auto leather industries, but the auto sector is requesting high-end material.
Most tanneries have little work to complete nor they have many personnel due to a high labor…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...