What happened this week: There continues to be a massive discrepancy in terms of the day-to-day hides business and concerns about the start of 2010. In Europe I think business is done for 2009. Most tanneries are closing for two or three weeks over Christmas and soakings will start to wind down and stop from the end of next week. Everyone will stop tanning by next Friday at the latest, and then re-tanning and finishing might carry on for a day or two.

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