International Hide Market Awaiting Outcome of APLF

International Hide Market Awaiting Outcome of APLF

Argentina

March 14, 2024

Slaughter remains unchanged from the week prior.
Good quality Buenos Aires wet salted heavy steers are quoted upwards from the prior week at about US$0.65/kg.
Demand remains unchanged at recently reduced prices.
The market is looking forward to more sales activity at the Hong Kong Leather Fair.

March 7, 2024

Slaughter continues steady with last week.
Beef consumption in Argentina has declined.
Good quality Buenos Aires wet salted heavy steers are quoted upwards from the prior week at about US$0.63/kg.
The Argentinean peso has risen throughout the year of 2024, with the US exchange rate standing at ARS 845.17/USD, representing an increase of four percent from three months prior.

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