Leather Prices Higher in China

Leather Prices Higher in China

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November 5

Slaughter remains at quick, but steady pace, mainly on light-weighted cattle which aren’t in much demand. However, heavy raw hides are so the price has risen to Arg. 16 pesos (about US$0.19) per fresh kg and the price for light hides dropped to Arg.$14 (about US$0.17) per fresh kg.

Good quality Buenos Aires wet salted heavy steers are quoting unchanged from last week at about US$0.18 per kg.

The postponed wet salted hides export rate will continue until the end of the year, so wet salted hide exports continue firm. 

As for leather demand, there is a lot of uncertainty due to COVID-19 in Europe and in USA, which are Argentina’s main sources of consumption.

Beef Argentine exports continue at a steady pace, with three consecutive months in which 12-month mobile shipments are…

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