The World Trade Organization (WTO) has found in favour of Canada and Mexico in a five-year dispute with the US over country-of-origin labelling on live cattle and meat, reports international news site Leatherbiz
Quiet week in Europe with tanners working from hand to mouth in an effort to bring process down. Europe looks as if it is on the verge of recession and this should have a negative impact on hide prices.
International Leather Maker reports that exports of leather and leather products increased by 22% to $3.5 billion in the first six months of the current financial year from $2.9 billion in the same months in the previous year.
Reports from China say leather production fell 1.6% in the first half compared with the same period last year, but volumes are expected to improve over the second six months, according to a report by international news site Leatherbiz
Reporting from Denver airport Hidenet publisher Don Ohsman notes that business in Europe this week was quiet but his correspondent in Europe senses latent demand which should spark fresh purchases in coming days.