Argentinean Hide Processing Plants Closed for Maintenance & Holidays
Argentina
January 11
Many companies remain closed for holiday vacations, including tanneries and frigorificos. During the closure,...
Trading and bids were steady today, especially for cow hides. Several sellers reported cow hide demand was from low-end furniture upholstery tanners in China was strong, with most bids and trades at steady to current market price levels or $0.50/piece higher than last report. Northern and southwestern Branded Cows (NBC and SBC) both traded $0.50/piece higher than the last report from the week prior.
Sellers expect the strength on price to continue into the first quarter (Q1) of 2024 due to the support the...