Bids for hides fall; luxury leather tanners at risk of closure

Bids for hides fall; luxury leather tanners at risk of closure

Buyer demand in the US hide market was mild on Wednesday July 24 with several sellers reporting bids that were down by $0.50-$3.00 per piece compared with previously-traded levels. The interest was mainly for butt branded steer hides and plump cow hides.

Most of the buyer interest was from Taiwan, South Korea and China, with a small number from Mexico. Tanners in the Hebei province in China, a popular furniture hide tanning destination, was quiet in the US hide market due to the large availability of hides from competing origins.

Fastmarkets analysts assessed several steer hide markets unchanged on Wednesday.

Luxury leather tanners at risk to close down
Luxury leather tanners struggled to remain profitable in the first half of 2024 driven by weak leather demand, increasing the risk for businesses to fold.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

Membership required to view content.


...

Membership is required to vi...

06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

Membership required to view content.


Membership required to view content.


Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

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

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

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

Latest Tweets