Jan-May US renewable diesel imports up by 29% year on year
US imports of renewable diesel averaged 30,000 barrels per day (bpd) during the first five months of 2024, up...
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High costs, low leather prices weigh on tanners’ profitability
High costs and low leather prices continued to weigh on tanners’ profitability on Monday August 5. On Tuesday August 6, market participants reported a moderate amount of bidding from buyers, such as large footwear tanners, with price levels lower than last traded, which was typical for the start of the week.
Large footwear tanners in Asia were active in the US hide market, whereas small to mid-sized tanneries were quiet or bidding for material at significantly lower prices than last traded levels. Several...
