Leather Demand Remains Weak, Hides Stay Under Pressure

Leather Demand Remains Weak, Hides Stay Under Pressure

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June 15

Argentine slaughter totaled 1.28 million head in May, up 10 percent from one year ago, and up 7 percent from last April.
Slaughter stays firm. Green raw hide prices are unchanged despite frigorificos pressure to increase.
Good quality Buenos Aires wet salted heavy steer prices are still unchanged at about US$0.49 per kg,
Weak demand for hides, sale prices stay low, which makes competitiveness difficult. Situation of Argentine tanneries increasingly complicated.

June 8

Slaughter is unchanged from last week.
Good quality Buenos Aires wet salted heavy steer prices are unchanged quoting at about US$0.49 per kg,
Demand is also unchanged from last week.

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