US cow hides trade at unchanged prices

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US cow hides trade at unchanged prices

The US hide market had steady trading on cow hides on Tuesday December 17, with no room for price increases despite continued strong demand from upholstery tanners. Depressed leather prices remained a limiting factor for any upward movement, according to market participants.

Reports indicated some steer hides traded below current market levels, reflecting ongoing price pressures. US packers were actively moving material to keep inventory levels low, while European tanneries were preparing for their typical 2-3 week closures over the Christm...

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