LEATHER MARKET FIRM WITH INCREASING DEMANDS
V.M. Khaleelur Rahman
The leather market continues to be firm with increasing demands for leather and leather products such as shoes, garments, goods etc. Exporters are having orders for leather and leather products from domestic as well as overseas customers. But some are finding it difficult to execute them well within the stipulated time due to unavailability of raw materials to the normal extent. It is a difficult time now as the prices of raw skins and hides are increasing. There is no room even to prefer imports of these items as even foreign exporters have enhanced their prices abnormally. Anyhow in such tight situations workability and preference lose their meanings and only compulsions rule willy-nilly. This is what is happening today. Most of the leather exporters seem to go berserk in having raw materials at available prices. But they are not able to get increased prices for their exports in proportionate to the increases in the prices of raw materials.
There are only a few tanners left doing E.I. tanned hides and skins. The demand for these items is very much in the Chennai local market and transactions are taking place mostly for cash payments. The demand continues for tanned goat upper, suede and lining selections at varying prices depending on the quality and selection and some are selling goods consisting all sizes and selections together on “as it is” basis. Exporters say that buying has become a tough task.
(VMK in Indian Leather, February 2011 issue)
V.M. Khaleelur Rahman
The leather market continues to be firm with increasing demands for leather and leather products such as shoes, garments, goods etc. Exporters are having orders for leather and leather products from domestic as well as overseas customers. But some are finding it difficult to execute them well within the stipulated time due to unavailability of raw materials to the normal extent. It is a difficult time now as the prices of raw skins and hides are increasing. There is no room even to prefer imports of these items as even foreign exporters have enhanced their prices abnormally. Anyhow in such tight situations workability and preference lose their meanings and only compulsions rule willy-nilly. This is what is happening today. Most of the leather exporters seem to go berserk in having raw materials at available prices. But they are not able to get increased prices for their exports in proportionate to the increases in the prices of raw materials.
There are only a few tanners left doing E.I. tanned hides and skins. The demand for these items is very much in the Chennai local market and transactions are taking place mostly for cash payments. The demand continues for tanned goat upper, suede and lining selections at varying prices depending on the quality and selection and some are selling goods consisting all sizes and selections together on “as it is” basis. Exporters say that buying has become a tough task.
(VMK in Indian Leather, February 2011 issue)
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