Raw Materials - UNIC raises alarm on price rises
08 April 2021

Italian tanning industry association UNIC has suggested the cost of raw materials has risen in an “almost unreasonable way” over recent weeks with the price of large bovine hides rising 13% since the start of the year, writes Leatherbiz.

It said the price of bull skins has almost doubled in six months.

It added chemicals groups have also raised prices on tanning auxiliaries this month, due to raw materials shortages and transport issues - adding to cost pressures.

UNIC said this is alarming given that sector turnover and exports were down a quarter in 2020.

It called on supply chain partners to “share responsibility, to try to maintain all market positions” while waiting for conditions to stabilise.

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