20 January 2022

During the last week in Argentina, the hides market saw an increase in the price of fresh hides, which is reported to be about 7-8% for heifers and steers, and 15% for cows and bulls. The Argentinean market does not follow the logic of what is currently happening in the international leather market, where the price of USA hides has been declining during last weeks.

These increases have been possible due to several factors, such as less slaughter than the quantity expected, tanneries without stock of hides who have paid premium prices to ensure daily supply, and the fear that packers will begin to export directly, leaving less stock available for Argentina tanneries.

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