German Perspective – 02.03.21
This week: In our area it was a relatively uneventful week. Suppliers are planning carefully. Low slaughter and the considerable disputes at slaughterhouses are allowing suppliers to act very cautiously. Current purchase prices, combined with high transport costs and the relatively weak US dollar require increased asking prices on the offer lists. In Asia, this has led to reluctance among buyers; it is clear that the tanners are not yet convinced that these raw material prices can ultimately be reflected in their leather prices.