US soybean oil cash basis levels remain depressed through end of year: sources
The cash vegetable oil market remained sluggish heading into the second half of October. Soybean oil basis indications were...
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UK hide demand remains sluggish
United Kingdom
Hide market participants reported that the market continued to be sluggish in Europe and Asia in the week to Thursday October 10.
The continued shortage of leather orders remained a problem, particularly in the footwear sector. The only bright light in the footwear business was for suede athletic shoes, which pushed prices in the split market higher.
Automotive and furniture hide demand was moderate, but buyers were wary of prices. Producers in Europe tried to maintain a forward sold position,...
