Market Report. September 13 2002, Osterhorn
Courtesy of Friedrich Sturm GmbH & Co. KG
What happened this week: Business continues to return more and more to normal and the activity is slowly, but clearly increasing now week by week. Trading patterns with us are now developing more to the US way with the increasing share oriental respectively overseas customers are gaining in the overall sales. The sales of the week start slow and end active as further the week proceeds. Total sales for the week were very satisfying and this does not apply just for the volume. We are mainly happy with the hide grades which were desired and so we were able to sell further volumes of low grades and lighter weight hides which had been neglected for a long time. As far as prices are concerned not too much to worry about. The market remains in balance and with the increasing value of the USD sales were easy.
