19 September, 2017 - 22 September, 2017
22 September, 2017 - 24 September, 2017
27 September, 2017 - 29 September, 2017
27 September, 2017 - 28 September, 2017
03 October, 2017 - 06 October, 2017
The recent recovery of the real, due to perceived improvements in political stability, is widening the gap further. Downstream, the real appreciation will reflect negatively on the leather exporters margins, as the international conditions leave little room for higher prices. However, the ample retreat of the raw hides prices witnessed in recent months should provide sufficient cushion for tanners to withstand the challenge. Currently, due to the holiday period in Europe, Chinese buyers are said to bolder in their downward bids, against a market that remains sluggish and not responding to seasonality with prices falling worldwide.
Sauer Report subscribers click here to read more and see the latest TR prices.comments powered by Disqus