The Jacobsen Commentary and Market Opinion – 31.08.10

Courtesy of www.thejacobsen.com

Market activity and analysis

A lot of people from the industry were en route to Shanghai for the All China Leather Exhibition (ACLE) at the beginning of last week, so Monday afternoon was very quiet for the US hide market. There was very little trading reported and the sentiment from the handful of people available was that the market was steady with a few folks expressing some concern about demand in the future. Most were optimistic heading into the show.

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