THE JACOBSEN NORTH AMERICAN HIDE BULLETIN

THE JACOBSEN NORTH AMERICAN HIDE BULLETIN


Market Activity & Analysis

It has been two consecutive slow weeks on sales after producers increased asking prices. Sellers are claiming US hides are steady and firm, but the demand side has not seen any fundamental changes thus far in December. Recent reports on China’s economy rattled equity markets this week with Chinese customs data showing the world’s second largest economy contracted 6.8% in November with imports dropping 8.7%. With nearly 65% of the US hides…

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Runner market commentary
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