What happened this week: After quite a lacklustre week it was followed again by some more activity this week. The firmer US$ is finally focusing more and more interest on European hides again and many Asian buyers are obviously using European hides as a safety net against the firm levels in the United States. It remains tough to negotiate, because Asian buyers are smart traders and many are trying to convert the firmer US$ into equivalent lower prices. A reasonable amount of hides were sold and in addition to the standard products such as dairy cows, the first serious interest in bulls was also seen from the Orient.

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