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30 October 2013

What happened this week: This week was a good example of how much external effects can change market conditions. The amplified weakness of the USD continues to challenge the global price structure. The...

29 October 2013

The US perspective - 29.10.13

Courtesy of The Maxfield Report www.themaxfieldreport.com Packer prices firmed further last week, in spite of the fact packers only offered a limited number...

Market intelligence - 29.10.13

The budget dispute in the US has been settled as most expected. Settled means that government offices have reopened and the administration is back to work, because the government was able to borrow money...

22 October 2013

The German perspective - 22.10.13

What happened this week: This week was less exciting in terms of the hide market and more so regarding the government shutdown in the US and the dispute about the budget. Although nobody really expected the US ...

The US perspective - 22.10.13

Courtesy of The Maxfield Report www.themaxfieldreport.com Prices of big packer hides moved higher again last week even though many of tanners’ favourite selections were not offered. Unlike the week...

15 October 2013

German perspective - 15.10.13

What happened this week: A lot of people travelled to Bologna in Italy where one of the major leather fairs was held [Lineapelle, October 8 to 10]. It is becoming increasingly important because the leather...

The US perspective - 15.10.13

Courtesy of The Maxfield Report www.themaxfieldreport.com THE COMMENTARY Members of the big packer trade continue to report more than adequate unsolicited interest and in fact, some packers found enough...

Market intelligence - 15.10.13

Macroeconomics In the past two weeks, most of the attention of the financial markets was on the partial shutdown of the US government after Congress missed an October 1 deadline to pass a budget. Stock...

08 October 2013

German perspective - 8.10.13

The week passed with very little activity. There were holidays in China and a local holiday in Germany on Thursday, before the reasonably long period until the Christmas break and the Chinese New Year break at ...

US perspective – 8.10.13

Courtesy of The Maxfield Report www.themaxfieldreport.com Overall, the US market for both big packer hides as well as cowhides was a little busier than most had anticipated last week. The week began with...

01 October 2013

German perspective - 1.10.13

What happened this week: The last week of the third quarter comes to an end. All in all, the quarter was missing clear direction. While the market in the US corrected from the record levels and found support,...

US perspective - 1.10.13

Courtesy of The Maxfield Report www.themaxfieldreport.com According to various members of the trade, packers enjoyed another decent week of interest. Sources report Asian tanners were very active last week,...

Market intelligence - 1.10.13

Macroeconomics The past two weeks did not deliver too many highlights as far as economic data is concerned. The main topic of interest was the decision of the Federal Reserve in the US to continue pumping...

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