Leather Pipeline: replenishment must happen soon
03/05/2016
Chinese tanners in particular have been absent from the market for quite some time, the report says, having stocked up substantially at the end of 2015 and the very start of 2016. This means they are going to have to replenish soon, according to the Leather Pipeline report, even if they drive hide prices lower in the process.
Buyers’ and sellers’ ideas of the price hides should command remain far apart, this can change.