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German Perspective—09.02.10

09/02/2010

What happened this week:  Demand remains strong and not all requests can be satisfied. There are not enough hides available to fulfil the short-term needs and the lower kills are adding to the present shortage. The market is reacting with the classic reflexes of higher prices and limited activity and it is difficult to find any realistic valuation for material with butchers and sellers, who are testing how far they can push it. Some are seriously testing, and others are trying to scare buyers away, by asking levels that are completely beyond consideration.

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