Tanners want no more hides
05/11/2008
Media in Argentina have reported that the country's major meat-packing companies have received a warning from the tanning sector that tanneries will not require any fresh hides for the time being because of falling demand. The tanners are reported to have told the packers that they will not remove any fresh hides from abattoirs until demand picks up again. They said they had sufficient hide stocks to tide them over.
The packers' industry federation, FIFRA, said in response: "Hides are the principal sub-product of the beef slaughter industry and selling them on is a way of subsidising slaughterhouse activity. Faced with the almost total collapse of hides' commercial value, we are going to have to make radical changes to the way we run our businesses."
The same organisation said the price of raw hides had fallen by 50% since the start of 2008. It said specialist analysts of the leather sector had told it that it could take a couple of years for the tanning sector to return to normal and that, in the meantime, it was impossible to estimate the value of raw hides.
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