European cowhide began to sell well

In the recent period, the global hide market has not changed much, hides are still selling well, and prices are slowly rising. It is not surprising that Chinese tanners are still the largest buyers, because China ’s leather production currently accounts for 50% of global production Correspondingly, China's hide purchases also account for the same proportion of global hide market transactions.

In addition, the demand of European tanners has also increased significantly. Tanners who claimed to have been hit hard by the economic crisis and have been quiet for a long time have returned to the market, and their purchases are not small, which is very puzzling. The reason may be that European tanners are finally no longer stubborn and begin to accept the reality of the past few months, or realize that it is a good opportunity to invest in high-grade leather, although the current high-grade leather has a small increase and high prices.

Only a few tanners buy cowhide for replenishment, while most buyers are in the bottom line. Although the overall leather demand from European tanners is not large, or the increase in demand for this kind of leather is not enough to promote the rise in European leather prices, sometimes the fuse that has caused a violent market turmoil is only a trivial matter. The raw material leather market, especially the leather market for furniture leather, after a period of not-so-quiet period of time, resumed the kind of prosperity that was sustained and stable before the economic crisis.

At first, the tanners were quite confident. They felt that the supplier ’s perseverance was just a pretentious gesture, but soon they realized that the supply of cowhide was not as sufficient as they thought. On the contrary, due to the recent decline in slaughter and Europe ’s Beginning the long summer vacation, the supply of cowhide simply cannot meet the sharp rise in short-term demand. In the end, cow hide suppliers will have to succumb to slaughter plants, which in turn will lead to higher cow hide prices, especially bull hide prices, which will have a negative impact on the entire European cow hide market. In some slaughterhouses, the ex-factory price of hides and skins is even higher than the prices that tanners can afford.

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