Strong Demand from Asia for European Hides

Strong Demand from Asia for European Hides

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December 2

Argentine beef exports totaled 59 thousand carcass equivalent tons (tec) in October, which was 26 percent less than in September and 32 percent less in the year-on-year comparison.

After the surprise of the August and September levels, this figure is more in line with expectations.

Slaughter is still low but is as expected at year-end. A rebound in slaughter volumes is expected.

Good quality Buenos Aires wet salted steers prices remain unchanged from last week, at about US$0.70 per kg.

Despite the pressure to rise, it is expected that there will be greater availability of material and prices will remain the same when slaughter increases. 

Semi-finished leather remains unchanged in terms of demand, but market players are on alert for the new…

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