Market Activity & Analysis

Demand for better selections outpaced lower grades this week with prices mixed from steady to down slightly and most reported sales very close to last week’s levels. Prices included big packer HNS sold at $55, BBS from $44 to $45, BS at $33, HTS from $35 to $38 and HBH from $25 to $27 FOB plant. Despite China’s Golden Week holiday, sources reported there were quite a few bids from Chinese tanners as well as other regions. The problem was many…