Logistics, War and COVID All Weigh on Global Hide Market

Logistics, War and COVID All Weigh on Global Hide Market

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March 17

Argentine slaughter totaled 1 million head in February which, adjusted for business days, was an increase of 4 percent from January and a decrease of 15 percent on year-on-year comparison.

The current slaughter is unchanged from last weeks. Fresh green hides increased Arg.$2 per kg due to higher costs.

Good quality Buenos Aires wet salted steer prices continue quoting at about US$0.90 per kg.

Demand of semi-finished leather for footwear and leather goods are stable, whereas its low for car upholstery due to production problems worldwide.

March 10

Slaughter remains low.

Good quality Buenos Aires wet salted steer prices are still quoting at about US$0.90 per kg.

Demand continues unchanged.

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