Report: Information On Raw Material Market In Europe

This week, mother Cowhide The price has dropped sharply, and the price of European cowhide has also been reduced by a certain extent. After a few weeks of stubborn resistance, European cowhide suppliers found that the situation was more severe. Influenced by the exchange rate between the euro and the US dollar, European leather tanneries had certain advantages in buying leather in the US dollar area, including the United States, Australia and even Britain and Ireland.

With fewer customers in the Asian market, suppliers have shifted their targets to European enterprises. The supply of leather has increased significantly, which has a great impact on the price of leather. At present, there is less than a week away from the August holiday. Many enterprises are in the semi shutdown state before the holidays, and people are not optimistic about the order in September.

It is worth noting that not only the mother Cowhide price The price of Bull Hide also began to decline. In addition to the very small supply of Red Bull white leather with high quality bull skin in southern Germany, the price of other kinds of Bull Hide has fallen. The price of low-grade bull leather is the largest, with the highest decline of 20 euro cents / Kg. It is understood that the market prices of high-grade leather remain relatively stable, and the price of low-grade leather has obviously slipped.

For now, footwear products and Leather products Producers may see that the price of raw materials is down, and leather manufacturers may be asked to lower the price of finished leather. However, Xiaobian, the world clothing and shoe net, estimates that tanneries will find reasons for refusing to cut prices. The price of raw materials for intermediate and low-grade raw materials may also fall further. Of course, market regulation is the main factor.