This week: The market is still trying to form an opinion on how things should proceed. The spread of prices between different origins is increasing and it always takes a while for the effects to become apparent.

In Asia, all hide prices are constantly compared and demand quickly turns to the cheapest product. In Europe, reactions always take a little longer because there are more hide types that cannot be replaced immediately and there is also the large proportion of supply chains based on fresh, chilled goods. This creates significantly greater dependencies on both sides.

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