Chinese Tanneries to Begin Holiday Downtime Next Week

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Chinese Tanneries to Begin Holiday Downtime Next Week

Alexandra Watts | 01.09.2024

Sellers reported continued trading activity following weekend negotiations. Hides traded steady to current market pricing, or sometimes higher, for material that the Price Guide does not include, such as premium Native Cows, premium Dairy Steers and wet blue hides. Regular weight Heavy Texas Steer hides were traded at $24/piece, which is down $2.50/piece from yesterday’s report and steady with last Friday’s levels.
Tanneries in China are expected to shut down for Lunar New Year (LNY) celebrations beginning mid-January for several we...

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The US hide market began the week with packers stating there was good volume of steer and cow hides...

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