Market Activity & Analysis

Today’s Market

It was another quiet day in the US hide market. Limited trades occurred due to the holidays overseas. Korean customers are reportedly returning today, while most Chinese customer are expected to return Friday. However, some buyers in China have remained active through the holiday with bids at steady pricing. 

Today’s Trades

[HIDE-SALES]

US Industrial Production Index: Apparel & Leather Goods

Federal Reserve Economic Data (FRED) for August 2020 estimated the US Industrial Production for Apparel and Leather Goods at 58 points, exhibiting a 34 percent improvement from April’s all-time low. April 2020 recorded a decline to 43 points, representing a 36 percent decrease from the 2016 to 2019 average for April. August’s figures indicate a 21 percent downturn from the three-year average of 73 points. Since April, the…