THE JACOBSEN NORTH AMERICAN HIDE BULLETIN

THE JACOBSEN NORTH AMERICAN HIDE BULLETIN


Market Activity & Analysis

The week has started slowly with a few offerings from steady to $1 higher and very limited bids coming in. Most of the buying is done for deliveries ahead of the Chinese New Year holiday beginning February 6, which could cool the rush to buy; however, producers’ positive forward-sold positions could offset and balance the market. There seems to be enough buyers buying each week, albeit in limited volumes, to hold the market in a…

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