News

Friedrich Sturm Report - 22.04.05

25/04/2005

What happened last week: Although the week was generally quiet the number of hides sold increased remarkably. This was only noticed at the end of the week when the figures were added up. Most of the sales were generated within the regular customer base. New interest has been noticed from shoe tanners from the Middle and the Far East in particular. We believe that this is simply due to the fact that the demand for selected types of leathers can no longer be covered with what the traditional supply tanners have to offer. Hence others attempt to enter into the market which seems to be enjoying top performance at present. However, most of them are finding a market which is very much cleaned up, so there is a tendency to stay with regular clients rather than risk business with new ones where the outcome of the trials is uncertain.

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