|
Extracts from the Hidenet World Reports
Argentina’s market was in flux at the end of 2023 with a new government in place. Raw material prices saw an adjustment with the large currency devaluations that were made at the end of the year. In January, steers were at $0.45 per kilo, cows at $0.35 and heifers at $0.45.
View from the US
US hide prices ended 2023 on a weak note and that is how the new year started as well. Through mid-February when the Lunar New Year holiday began, sellers watched as the market slowly edged a little lower, thanks to poor demand.
The long trek back to “normal”
As global uncertainties continue to disrupt the footwear supply chain, industry insiders assess the ongoing challenges faced by the leather and hide sector while cautiously eyeing signs of potential recovery ahead. Vera Dordick reports.
Fashion circularity
Coach, Ellen MacArthur Foundation and the Circular Economy Institute share insights into unlocking the next stages of circularity and moving from supply chains to ‘supply networks’. Rachel Lawler reports.
View from the US
After several weeks of steady prices, US hide sellers saw steers start to decline in November. The price of heavy Texas steers was weak, with seasonal weights at $24.00 to $25.00. Colorados, on the other hand, dropped by a couple of dollars to sell for $22.00 to $23.00 for 64/66lb selections in late November.
|
