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French merchants feel leather prices have reached the lowest point, and the European market is or will be improving. They believe that this development is inevitable and that this trend may continue in January.
At current prices, tanners can make profitable leather, and demand and sales have soared over the past week. Of course, French merchants stated that tanners will not compromise, but this week’s sales figures in the merchant’s books prove that their statements are correct. China has returned to orbit and India has begun to take action.
The slaughter volume in January and February will drop sharply, and the strong exchange rate of the dollar against the euro will play a role.
It is expected that prices will increase at the beginning of next year, and sales of calfskins should tend to normal levels.
French tanners think the European market has improved in January
January 2nd The demand and business of German leather in Asia and Europe have improved. The main needs of buyers are cow hide, heifer skin and low grade hide. Bullskins are still expensive. Strong dollars help sellers receive Asian orders based on appropriate calculations.