Slower EU and China Markets Weigh on Hide Market

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Slower EU and China Markets Weigh on Hide Market

Alexandra Watts | 07.17.2023

Trading over the weekend was minimal and sellers reported no price changes.
Tanners in Europe were very inactive with many slowing for the summer vacation season. Sellers in Europe are struggling to attract demand due to the weak global demand for leather goods.
Chinese traders are concern about the future of leather business due to the abundance of competitive materials available at lower prices and due to the slowdown in the Chinese economy. The Chinese customs administration reported June’s exports fell 12.4 percent in...

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Runner Market Commentary

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