Chinese Yuan Devaluation to US Dollar Adds Difficulty for Hide Buyers

Chinese Yuan Devaluation to US Dollar Adds Difficulty for Hide Buyers

The US hide market was active this week with buyers paying steady prices to $1 lower.
Tanners in China were hesitant to pay higher prices due to the ongoing devaluation of Chinese Yuan to US Dollar, making the purchased material more expensive in terms of CNY. According to US hide sellers, drop split prices in China also decreased this week which adds to the hesitation from buyers to purchase new material.
Additionally, a few sellers stated their inventories are almost full and their buyers also hold high inventories.

Actual Slaughter by Classification

Table 1. 

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Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

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Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

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