Global hide market anticipates clarity on market direction from Lineapelle in Milan
United Kingdom
The All-China Leather Exhibition (ACLE) in Shanghai concluded on September 3 and did not bring many changes...
Many hide sellers continued to report that several bids received by Chinese buyers on Thursday September 12 were lower than last traded levels driven by a lack of urgency to buy new material, but some hides traded flat to higher than last traded levels.
Most sellers said they were content with their inventory positions following the good volume of sales at the All-China Leather Exhibition (ACLE) and did not need to sell at lower prices to move material. Most buyers said that their inventories of...