JLDI Index
The Jacobsen derived its leather demand index by using an oscillator that captured an index from 1-100. The index...
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The Jacobsen Leather Demand Index (JLDI)
Demand for leather moved lower in July, which was directly reflected by the decline of hide prices. The contraction in global markets spilled over into Chinese equities which saw unprecedented volatility, as the Shanghai index whipsawed, notching up significant losses. In August, Chinese import and export data followed July’s declines, which reflects a continued contraction
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