South American Wet Blue Prices Flat to Close out November

South American Wet Blue Prices Flat to Close out November

Argentina

November 30

Slaughter continues unchanged.
Economic measures after the last presidential elections are not yet fully clear, including import/export exchange rates. The hide market remained the same and held good quality Buenos Aires wet salted heavy steer prices at the same level as last week at about US$0.64 per kg.
The new administration will take place next December 10th.
Demand remains stable.

November 16

Slaughter returned to normal levels and the price of fresh and salted hides are unchanged from last week.
Good quality Buenos Aires wet salted heavy steer prices continue quoting at about US$0.64 per kg.
The market waits for the post-election, on Sunday the 19th, economic measures and where price sincerity is discounted.

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