Market Activity & Analysis

It is quiet start for the US hide market this week with a few early offers unchanged from last week’s prices. Several US producers raised prices $1 to $2 last week, finding resistance and few tanners who proved willing to pay up money. There are a few reports $0.50 to $1 higher, but most business was conducted at steady levels. China tanners in general continue to claim leather business is not showing any signs of improvement and buying is…