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German Perspective - 28.02.12

28/02/2012

What happened this week: Another interesting week came to an end. All around us everybody was pretty excited and most market reports were talking and reporting that prices were further up. In contrary, we found this week pretty quiet. In Europe most of the Catholic parts were busy celebrating the end of the Carnival season while in Asia buyers didn’t show the same ambition and interest they had in the weeks before. This may also be related to the shortened offer lists, but we believe that the number of tanners started to lean back and to think about their situation.

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