Apart from this, an outbreak of prices on the upside might also have a curing effect. One way or another, the balance of supply and demand eventually has to be achieved, and for the near future the pipeline will require a buffer of material that it doesn’t have at the moment. So, in the end, even with the little break we have seen, nothing fundamental has changed and there is little evidence for any short-term change at the moment. Leather demand and outlook is still positive enough to keep things clear for the moment.

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