US hide market steady amid limited bids; weakness persists in auto leather sector

US hide market steady amid limited bids; weakness persists in auto leather sector

The US hide market was relatively steady on Wednesday January 15 with limited activity, according to market participants.

Sellers reported a noticeable absence of buyer bids so far, creating a subdued trading environment. Dairy steer hides traded at unchanged prices, indicating stability within this sector.

Shoe and furniture leather businesses showed steady performance, maintaining a reliable demand for materials. But the automotive leather sector remains the market’s weak point, with sluggish activity and limited interest from buyers.

As the week progresses, participants are watching closely for any shift in bidding behavior or market momentum, Fastmarkets heard.

Cured, wet blue export shipments by selected countries through January 2

Table 1

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