The US $ in EURO
1,1510

What happened this week: This week had only few aspects in it. As far business and sales activity was concerned it could be called quiet. Some business could be concluded. Mainly males and ox/heifers which demonstrates, that the shoe upper business in Europe is somewhat better and is confirming the information we got already from several tanners over the past weeks. Upholstery tanners remained pretty quiet and the other large customers are still consuming their purchases made some weeks ago. Overseas buyers were almost absent. Some interest in low grades was seen and at least also price inquiries for dairy cows, what we take as a sign for interest and potential business in the coming weeks. With the firmer USD a bit of the price pressure has been lifted from our market and prices for many categories look even more attractive now. However, most of the sales were effected this week in Europe and countries like Spain were the most active players in the past days. Prices required still a bit of adjustment – if one was ready to sell – the lighter weight hides. On heavies it was still possible to

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