Friday, 17.12.2021
Market Report

The US $ in EURO

What happened this week: this week: Even though there are still two weeks left on the calendar, the year 2021 has actually entered its final round with the end of this week. In Europe, at least, production runs out next week and most tanneries then close for a week,but in many cases for two. However long the stoppage is planned, in principle both purchases and deliveries are fixed until at least mid-January and hardly anyone will be concerned with the question of rawhide purchases until then. The situation is certainly somewhat different for overseas customers and it wouldnot be surprising if the usual suspects did not also try to use the holiday period in Europe to find one or two special offers in the next 14 days.Unfortunately, most of our employees will still have to work for the next two weeks. Slaughtering will continue and overseas shipments will also have to be handled. The volume is certainly less than normal, but unfortunately we cannot take a longer break. This week was already strongly influenced by the interruption. In Europe, smaller deals for January were made here and there, and one or two enquiries also arrived from Asia. From there mostly for items that are not available at the moment and in Europe it was actually mostly just adjustments to running programmes Under the impression of the rising infection figures, all market participants remain on the cautious and wait-and-see side  and one has the impression that everyone is actually very happy and satisfied thatthey now have a few days in which they are not pushed and forced to make decisions. If it weren't for the great uncertainties caused by the pandemic,one could actually say that the market has found its balance and acceptable price level at the moment. Apart from the fact that every seller always wants to have more money and every buyer would like to pay less, one has the feeling that actually everyone has little interest in big changes at the moment. This is definitely the case with us and we would therefore welcome a longer period of stability under the given circumstances. We can hardly find a sensible reason why major price changes would have to be explained and certainly not one that could have any positive effect on business as such at the present time.Neither would significantly cheaper prices for hides significantly stimulate demand, nor would significantly higher prices be seriously justifiable in the current situation, nor would they really be feasible in the long term. More clarity on political and economic developments is therefore needed before other price levels could be justified. The volume of sales this week was very moderate and the prices for the deals completely unchanged from the previous week. At the end we did not have too many hides to sell to be motivated to consider lower bids nor we found any buyer who was stimulated enough to consider any higher prices to secure raw material supply. This is usually called: market in balance. The Kill: The beginning of the week still saw a strong and high kill, but from Wednesday onwards volumes dropped significantly.The beef demand for the holidays from the supermarkets is covered and from what we hear, slaughterings are expected to be significantly lower for the rest ofthe year as well. It is not yet possible to make a forecast for the beginning of the year.
What do we expect: Something sensational would have to happen that could really move the market in the next few weeks. There is neither noticeable unsatisfied demand, nor considerable unsold stocks, nor do we sense any great speculative ambitions from any side at the moment. This gives the impression that hardly any significant impulses should be expected in the hide market at least until mid-January. Those who are shutting down this week we wish already a Very Happy Xmas and for the others a relaxed week.

pe Weight range Avg. green weight Salted weight Avg. weight salted Price per kg green weight
Ox/heifers 15/24,5 kg 22,0/23,5 kg 13/22 kg 20/21 kg € 1,15

  25/29,5 kg 27,5/28,5 kg 22/27 kg 25/26 kg € 0,95

Dairy cows

15/24,5 kg

22,5/23,5 kg

13/22 kg

20/21 kg

€ 0,80


25/29,5 kg

27,5/28,5 kg

22/27 kg

25/26 kg

€ 0.75


30/+      kg

33,5/35,5 kg

27/+   kg

29/31 kg

€ 0.70

Bulls 25/29,5 kg 27,5/28,5 kg 22/ 27 kg 25/26 kg € 1,15
  30/39,5 kg 36,0/37,0 kg 24/34 kg 31/33 kg € 1,40
Wide range
  40/+     kg 45,0/48,0 kg 34/+   kg 38/40 kg € 1,35
Wide range
Thirds 15/+      kg 25,0/27,5 kg 13/+   kg 24/26 kg € 0.45
Thirds bulls 30/+      kg 38,0/40,0 kg 24/+   kg 33/36 kg € 0.55

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