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Tanzanian tanning industry in crisis

It is a well-established fact that low grades and smaller supplying countries are among the worst affected by the current downturn in global hides and skins demand. As the prices of hides and skins have dropped, demand from tanners has switched to better quality hides from other origins, made accessible by lower prices.


Why have split prices fallen so much?

Ron Sauer of TheSauerReport.com is curious about the current market for splits. When raw material prices have generally stayed firm why have split prices continue to fall?