The US $ in EURO
1,1360

What happened this week: As usual at this time of the year the situation is getting difficult and more complicated by the day. In Europe the only reason for this is the abattoir buying and the emotions involved – mainly after the holidays. Very often - and again in 2003 – is a weak second quarter followed by optimism and enthusiasm for the time after the holidays. Hardly ever - since the fall of the iron curtain - however has September brought any confirmation for the change to the better in the leather business. So, the market situation is getting again two or threefold. The leather business and the hide demand is still reasonable from Asia, from the automotive tanners and from very selected specialty tanners. What is completely missing is the bread and butter business from the main European tanning centres. This can be compensated for some weeks and certainly easier ways during the summer, but when the kill returns and everyone is desperate for improving business conditions the mood and emotions can

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