News

Raw material costs force European leather industry to increase their prices

27/11/2006

The rising price of raw materials was debated at the recent Cotance meeting in Lausanne, with leather industry representatives suggesting that, based on market intelligence, prices should in fact be going down rather than up. Members considered pooled market information, an analysis tabled by UNIC and an assessment of hides and skins on the main markets since January 2005—and in particular this year—but were unable to find justification for the raw material price increases.

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