Saturday, June 16, 2018

Real Happiness of Eid


REAL HAPPINESS OF EID

BY V. M. Khaleelur Rahman

Eid-ul-Fitr or Ramadan Eid is celebrated as a day of thanksgiving to God after successful completion of the month-long fasting from dawn to dusk during Ramadan, the ninth month of the Islamic lunar calendar and on sighting the crescent moon of the 10th month called Shawwal. Ramadan is meant for fasting, worship and charity, and also for self-introspection for the purpose of purification of one's soul and body by giving up bad and attaining good things. The Holy Quran says, "Fasting is prescribed to you as it was to those before you so that you may learn self-restraint." Fasting brings people together and creates a sense of camaraderie among them. It inculcates in them righteous conduct, to be good people and brotherhood of man by eradicating evils such as anger, greed and malice.

Prophet Mohammed (Sal-am) has said, "Do not belittle even the smallest act of kindness even if it is no more than meeting your neighbour with a smiling and cheerful face. We should not consider any charity small or not worth doing. Charity, big or small, should be given in a pleasant manner without hurting the feeling of its receivers and with the thought that we are only discharging a religious duty from the wealth God has given us." According to Islam even our day-to-day acts, like being kind to others at home and outside, are charity and it makes a big difference in our relations with them.

Once when Prophet Mohammed (Sal-am) was on his way to Idgah for Id prayers, he saw a poor boy about five-years-old sitting on the pavement sadly. He went near him and asked, "Why are you alone here, my dear boy?" The boy started weeping and said, "I am an orphan with nobody to care for me." The Prophet could not bear the pathetic words of the poor boy and consoled him saying, "From now on you can look to me as your father and Ayesha as your mother," and returned home with him. When his wife Ayesha fed him and dressed him well for Id prayers the Prophet lifted him on his shoulders and said, "Ayesha, this is the happiest Id for me. I experience true happiness at the happiness of this little orphan boy." He was a great benefactor of humanity and his mission right from the beginning to end was to see that every individual maintained his self-respect free from any sort of slavery.

Wednesday, June 6, 2018

Chennai Leather Market - June 2018


CHENNAI LEATHER MARKET

V M Khaleelur Rahman

In Chennai leather market demand continues for grain selection of higher grades in tanned goat skins. Exporters of shoes buy 4/6 ABC at around Rs.95 per sq. ft. and R/V/IF combined at around Rs.70 per sq. ft. whereas leather exporters mostly show interest for 4/6 and 5/7 sq. ft. goat lining leathers at around Rs.38 and Rs.45 per sq. ft. respectively. Tanned Suede skins are slow at movements at around Rs.40 per sq. ft. 

As far as lower selections such as Rejection and Langda are concerned, the less said the better. Demand continues to be limited at around Rs.13 and 10 per sq. ft. Some tanners have sold even at much reduced prices than these. In other words prices are erratic and tanners have no option but to make desperate sales as they cannot hold stock for long as they are hard pressed for money.

Exporters say that China and Pakistan are big competitors in the world leather market. But Indian exporters are trying their best to face this challenge and market their products. Of course there are long time overseas customers of Indian exporters who prefer Tamil Nadu tanned goat skins and finished leathers because of their qualities and standards.

Quotations of tanners are as follows:

E. I. Tanned Goat Skins

Grain Selection:

4/6 sq. ft. Run Rs.95, Fifths R.75, Inf. Fifths Rs.65 and LIF Rs.55
5/7 sq. ft. Run Rs.100, Fifths Rs.85, Inf. Fifths Rs.75 and LIF Rs.65

Suede Selection:

4/6 sq. ft. Rs.40 and 5/8 Rs.45

Lining Selection:

4/6 sq. ft. 38 and 5/8 Rs.45

Mesh Selection:

4/6 sq. ft. 29 and 5/8 sq. ft. Rs.33

All prices are per sq. ft.

Export Orders

It is learnt that some big exporters have sold their S/C better quality upper leathers at around Rs.2.50 and lining leathers at around Rs.1.80. As higher selections are not easily available in the market tanners have increased their prices mainly for upper leathers. Small exporters have limited business with their regular customers but are not able to get orders for big quantities.

As regards F/C sheep leathers, Japanese customers are slowly showing interest for 5/7 sq. ft. All Suede at around JY180 but exporters say this is not workable. Rejections in 4/6 and 5/7 sq. ft. are sold at around JY 110 and 100 per sq. ft. C&F by sea respectively.

Quotations of Exporters

F/C sheep leather

4/6 sq. ft. All Suede JY 190, LIF Suede JY 160 and Rejection Suede JY 115
6/9 sq. ft. All Suede JY 205, LIF Suede JY 175 and Rejection Suede JY 125

All per sq. ft. C&F by sea.

                            S/C OR F/C GOAT LEATHERS
Material
Size/sq. ft.
Substance
Selection
Price US$ per sq. ft. C&F
Goat upper leather
 4/7
0.6/0.8 mm
ABC
2.40
Goat milled leather
4/7
0.6/0.8 mm
TR-1
1.80
Goat suede leather
4/6
0.6/0.8 mm
All Suede

1.85
Goat lining leather
4/7
0.5/0.7 mm
TR-1
1.75
6/9
0.6/0.8 mm
TR-1
1.85

                        F/C SHEEP LEATHERS
Material
Size/sq.ft.
Substance
Selection
Price US$ per sq. ft. C&F
Sheep Cabretta leather
4/7
0.6/0.8 mm
ABC
2.15
Sheep Cabretta leather
6/9
0.8/1.00 mm
ABC
2.30
Sheep lining leather
4/7
5/8
0.5/0.7 mm
0.6/0.8 mm
TR-1
TR-1
1.70
1.80

 
(Writer’s e-mail id: vmk1234@yahoo.com)
                                                                       


Thursday, May 3, 2018

Chennai Leather Market - May 2018


CHENNAI LEATHER MARKET

V. M. Khaleelur Rahman

In Chennai Leather Market there is continuous demand for higher grades of tanned goat skins - 4/6 sq. ft. Run, Fifth and Inf. Fifth are sold at around Rs.90, 75and 65 per sq. ft. respectively, 5/7 sq. ft. Run at around Rs.100 and 4/6 sq. ft. R/V/IF/LIF combined at around Rs.60 per sq. ft. Shoe and leather exporters show interest for these items. As regards lower selections, interest is very limited and goods are not moving easily.

Demand for tanned goat suede is also limited at around Rs.40 per sq. ft. in some reputed marks but all are not able to fetch this price. Many small tanners have sold this item at around Rs.38 per sq. ft. Local Rejection and Langda items hardly find buyers. Prices available are as low as Rs.13 and 10 per sq. ft. respectively. Some tanners have sold even at much lower prices than these as they cannot afford to hold them unsold for long.

Quotations of tanners are as follows:

E. I. Tanned Goat Skins

Grain Selection:
4/6 sq. ft. 90, Fifths R.75, Inf. Fifths Rs.65 and LIF Rs.55
5/7 sq. ft. Run Rs.100, Fifths Rs.85, Inf. Fifths Rs.75 and LIF Rs.65
Suede Selection:
4/6 sq. ft. Rs.42

Lining Selection:
4/6 sq. ft. 37

Mesh Selection:
4/6 sq. ft. 28 and 5/8 sq. ft. Rs.32
All prices are per sq. ft.

Export Orders

Demand continues for F/C and S/C goat upper and lining leathers at around US$ 2.30 and 1.75 per sq. ft. respectively in reputed marks but quantities sold do not seem to be bulk. But small exporters are finding it difficult to sell their products.  It is hoped that things may change for the better slowly in the days to come.

As far as F/C sheep leathers are concerned, market is slow both at home and abroad.  It seems only Rejection item is of interest to some Japanese customers. Higher selections are very slow in movements. 4/6 sq. ft. Rejection is sold at around Japanese Yen 100 per sq. ft. where 5/7 fetches JY 105 or 110 per sq. ft. C&F by sea.

Quotations of Exporters

F/C sheep leather
4/6 sq. ft. All Suede JY 185, LIF Suede JY 155 and Rejection Suede JY 105
6/9 sq. ft. All Suede JY 200, LIF Suede JY 165 and Rejection Suede JY 115 per sq. ft. C&F by sea.

                            S/C OR F/C GOAT LEATHERS
Material
Size/sq. ft.
Substance
Selection
Price US$ per sq. ft. C&F
Goat upper leather
 4/7
0.6/0.8 mm
ABC
2.30
Goat milled leather
4/7
0.6/0.8 mm
TR-1
1.75
Goat suede leather
4/6
0.6/0.8 mm
All Suede

1.85
Goat lining leather
4/7
0.5/0.7 mm
TR-1
1.65
6/9
0.6/0.8 mm
TR-1
1.75

                        F/C SHEEP LEATHERS
Material
Size/sq.ft.
Substance
Selection
Price US$ per sq. ft. C&F
Sheep Cabretta leather
4/7
0.6/0.8 mm
ABC
1.95
Sheep Cabretta leather
6/9
0.8/1.00 mm
ABC
2.10
Sheep lining leather
4/7
5/8
0.5/0.7 mm
0.6/0.8 mm
TR-1
TR-1
1.65
1.75

(Writer’s e-mail id: vmk1234@yahoo.com)

                                                                                       

Monday, April 9, 2018

Chennai Leather Market - April 2018


CHENNAI LEATHER MARKET

V. M. Khaleelur Rahman

Activities in Chennai leather market have not undergone any big changes. The situation is almost the same and tanners are not happy at all as selling is not easy and making money is a Himalayan task.  Only higher grades find buyers and not lower selections.

Big shoe manufacturers are interested in higher grades of tanned goat skins. Some tanners have sold 5/6 sq. ft. Fifths and Inf. Fifths at around Rs.75 and 65 per sq. ft. respectively whereas R/V/IF/LIF combined in 4/6 sq. ft. has been sold at around Rs.58 per sq. ft.

As far as shoe suede is concerned, there is no much demand. It is reported that some tanners have sold this item at around Rs.43 per sq. ft. Local Rejection and Langda are not moving easily. Prices obtained for them are just Rs.13 and 10 per sq. ft. respectively. Raw skin prices are erratic everywhere in the country. There is no interest for lower selections at all. It is reported that in some centres unsalable rejection raw skins are simply buried.

Quotations of tanners 

E.I. Tanned Goat Skins

Grain selection: 5/7 sq. ft. Run Rs.90, Fifths Rs.75, Inf. Fifths Rs.65 and LIF Rs.55
Suede Selection: 4/6 sq. ft. Rs.42
Lining Selection: 5/7 sq. ft. Rs.40 and 4/6 sq. ft. Rs.36
Mesh selection: 5/8 sq. ft. Rs.31
All prices are per sq. ft.

Export Contracts

Some reputed exporters continue to sell their upper and lining leathers at around US $ 2.25 and 1.65 per sq. ft. respectively. But here again business is limited. One or two Japanese customers buy F/C sheep leather Rejection at around Japanese Yen 100 per sq. ft. This business is also not regular.

Quotations of Exporters

F/C sheep leather

4/6 sq. ft. All Suede JY 190, LIF Suede JY 160 and Rejection Suede JY 110
6/9 sq. ft. All Suede JY 200, LIF Suede JY 170 and Rejection Suede JY120 per sq. ft.

                            S/C OR F/C GOAT LEATHERS

Material
Size/sq. ft.
Substance
Selection
Price US$ per sq. ft. C&F
Goat upper leather
 4/7
0.6/0.8 mm
ABC
2.25
Goat milled leather
4/7
0.6/0.8 mm
TR-1
1.70
Goat suede leather
4/6
0.6/0.8 mm
All Suede

1.85
Goat lining leather
4/7
0.5/0.7 mm
TR-1
1.65
6/9
0.6/0.8 mm
TR-1
1.75

                        F/C SHEEP LEATHERS

Material
Size/sq.ft.
Substance
Selection
Price US$ per sq. ft. C&F
Sheep Cabretta leather
4/7
0.6/0.8 mm
ABC
2.00
Sheep Cabretta leather
6/9
0.8/1.00 mm
ABC
2.10
Sheep lining leather
4/7
5/8
0.5/0.7 mm
0.6/0.8 mm
TR-1
TR-1
1.65
1.75

Hong Kong Leather Fair 2018

According to reports available here from exporters who visited the Asia Pacific Leather Fair held in the middle of March 2018, it was disappointing. Overseas customers were “pick and choose” in their business as they are having huge stocks of unsold tanned and finished hides and skins. Only heavy weights and better grades were of interest to them. Buffalo calf and cow calf exporters were able to sell their quality leathers at around US$ 3.00 per sq. ft. Goat upper and lining exporters fetched some business at unchanged prices quoted above. However some reputed exporters might have sold even at higher prices but exact reports are not available. The undeniable fact is that the leather trade is passing through a difficult period and tanners are in a tight corner not knowing how to manage their business.

(Writer’s e-mail id: vmk1234@yahoo.com)