Bangladesh: Better prices anticipated for Eid hides and skins
The current outlook for leather and leathergoods is giving rawhide traders and farmers hope of increased prices for the hides and skins generated from the upcoming Eid al-Adha festival.
Following a turbulent time where hide traders had seen arrears build up from the tanners, President of the Bangladesh hide and skins merchants association, Aftab Khan told local media “the flow of funds is better this year”, as tanners had cleared or greatly reduced their outstanding debt, adding “We hope a major portion of the remaining arrears will be paid before Eid-al-Adha"