Leather Pipeline: JBS’s problems could reverberate through supply chain
30/05/2017
The meatpacker might also be forced to sell some assets to pay for fines, it has been suggested, and the industry is waiting to see the scale of the fall-out.
The author also says Chinese tanners have such tight margins that they are battling to keep raw material costs down. However, this has led suppliers to seek customers elsewhere to stop themselves being overexposed.
We hear how European skins suppliers are faring compared with the rest of the globe and the author wonders how long it will be before we see another price correction.
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