Market Activity & Analysis

The US hide market is more of the same this week with prices slowly eroding. Producers and buyers are in a standoff with both sides resisting big movements, plus, there has been a noticeable drop in demand from the China market. Some have commented that the restraint and patience from China tanners is tactical; however, a number of the China tanners say they are buying hand to mouth because leather orders are few and prices low and they lack…