Steadier U.S. prices as sellers resist

Published:  02 June, 2017

By several accounts, last week and the first part of the current one were far less active than the previous week, which was the top of a three-week rally in terms of sales. Prices of both raw and wet-blue hides have largely remained unchanged since. The improved position of sellers allowed them to resist the incoming lower bids, reportedly between US$1-3/hide below the previous level, and business was concluded at steady prices.

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