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Australian tanner welcomes weaker dollar

Queensland exporters are hesitant to declare Australia “back in business” despite the Aussie dollar tumbling below US$0.80/A$1 on January 23 for the first time since July 2009. However, Australian tanner, Packer Leather has cautiously welcomed a weaker currency, which will help with exports. 

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Weaker raw materials market in Europe

The general trend in the European raw materials market is now clearly weaker. Today we are seeing lower prices for hides in France, the UK and Ireland, Sweden, Poland and Finland. In other countries, which did not really reduce their asking prices (such as Germany), surely everything can be negotiated.

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