Cow hides demand is strong due to the active furniture upholstery business. A number of US hide selections used in this industry increased in price today. At this early point of the week, sellers have reported a quiet tone to the market for other selections, but buyers are actively inquiring about offers. The shipping backup in the APAC region has not improved which is a risk to the timeliness and completion of orders. Tables 3 & 4 illustrate the outstanding sales below, week 10 data indicate a high volume of hides in need of shipment in the near future.
Tables 1 and 2 below show the total outstanding cured hide and wet blue export sales by selected countries through March 11. Through Week 10, the total outstanding…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...