What happened this week: Quite a lot of movement and turmoil this week. After the sharp decline of the USD last week it rebounded strongly this week and, as we all know, the currency movements are sometimes more important than the price changes in the hide and skin market. A nice example was the US export sales statistics, where the weak USD boosted sales in Europe while at the same time sales of European hides into Asia faded week by week. In Central Europe the market remained driven by the extremes, i.e. low kill for males desired by the automotive industry and high pressure on the hides which have to compete with the global markets. This led consequently to different points of view on the market.

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