What happened last week: Generally, this is not the best time of the year for writing market reports. If people are not already on holidays, they are preparing for them and very few have the hide market on their minds. Even Asian tanners are taking some kind of a break although some are using this time to travel to Europe either to visit their suppliers or to investigate other potentially more favourable sources. As far as business is concerned, activity was consequently pretty quiet. However, selling did not come to a standstill and we were impressed by the ongoing demand for light and economical hides. Most of this material is going either directly or via traders to the Far East and in particular to China.

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