News

Global factors dominate Italian leather industry in Q2

28/07/2003

In its latest quarterly report on the national leather sector, released today, Italy’s Lineapelle Fairs Limited paints a picture of a industry continuing to be buffeted by global economic slowdown.

 

During the second quarter of 2003, all mean price indices for raw hides were down, with the steepest declines being seen in bovine leathers and calfskins.  Sheepskins and goatskins were far less affected. The pattern was more varied across other commodities as prices of oil and derivatives fell while those for rubber, synthetics and natural fibres (except wool) increased.

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