Argentina: raw and wet-salted leather prices higher since devaluation
13/03/2002
Argentinean raw and wet-salted leather prices have risen in peso-terms by 60-80% since the currency's devaluation last month. Prices peaked several weeks ago and have since fallen around 20% but are unlikely to drop further considering the 10% and 5% duties imposed by the government on exports of agricultural and industrial products respectively.