CHENNAI LEATHER
MARKET
V.M. Khaleelur
Rahman
There is continued demand for tanned goat
skins in the market. As usual exporters of leather and leather products are
interested in buying various items. But
there is less demand for “suede” selection despite price reductions in it. .
The prices available in the market for
tanned goat skins, All Suede is only around Rs.51 which is considered to be an
unworkable price. However Grain selections receive good support from buyers at
around the following prices:
4/6 sq. ft. Run/V/IF 40/40/20% Rs.68,
Run Rs.75, 5/8 Run Rs.90, V Rs.80, IF Rs.70, LIF Rs.60, A Lining Rs.51, B
Lining Rs.48, C Lining Rs.45, Rejection Rs.30 and Langda Rs.20, all per sq. ft.
It is learnt that wet blue goat skins are also sold at around these prices in
some selections.
As far as F/C crust goat skins are
concerned, 4/6 sq. ft. ABC is sold at around Rs.80 and ABCD at around Rs.70 per
sq. ft. Other selections are also
salable at different prices depending on the quality and selection.
Festival raw goat skins in Andhra
Pradesh were sold at around Rs.200 and regular goat skins at around Rs.170 per
piece. In popular raw skins centres like Miraj raw goat skins are sold at
around Rs.200 and large skins at around Rs.220. While raw sheep skins in
centres like Vijayanagaram and Kadappa are sold at around Rs.280, large skins
in the same areas fetch Rs.300 and even more.
According to available reports, many
tanners have either stopped or slowed down their purchases of raw skins due to
closure of tanneries in Thuthipet area of Ambur and voluntary closure of
tanneries for two months or so for maintenance in Vaniyambadi. One feels that it
is a big blow to industrial growth and exports. Tanners as well as those
connected with the industry are suffering very much. All necessary steps are
being taken by the concerned people to see that their units are opened as early
as possible.
FOREIGN TRENDS
There are
reports that many Chinese importers of leather are delaying payments beyond
tolerable limits and hence Indian exporters want to be cautious in dealing with
them. To India particularly to Tamil Nadu leather exporters the Chinese market
is not what it was before. It is learnt that many exporters are facing the
problem of delayed payments from China. At the same time there are also reports
of the U.S. and European customers, hitherto buying from China, turning to
India for their requirements as they are not happy with the increasing prices
there due to its labour problems, increased wages and other manufacturing
costs. Indian leather and leather products prices are competitive now after the
sharp depreciation of Indian Rupee during last year.
Many exporters
here say that their exports will increase if the effluent problem is solved and
tanneries are re-opened forthwith.
Exporters are
quoting at around the following prices:
S/C OR F/C GOAT LEATHERS
Material
|
Size/sq.
ft.
|
Substance
|
Selection
|
Price
US$ per sq. ft. C&F
|
Goat
upper leather
|
3/5
or 4/7
|
0.6/0.8
mm
|
ABC
- 40/40/20%
|
2.75
|
Goat
milled leather
|
4/7
|
0.6/0.8
mm
|
E/D
-50/50%
|
1.70
|
Goat
suede leather
|
4/7
|
0.6/0.8
mm
|
ABC
Suede
All
Suede
|
2.50
2.25
|
Goat
lining leather
|
3/5
or 4/7
|
0.5/0.7
mm
|
TR-1/2/3
|
1.60
|
6/9
|
0.6/0.8
mm
|
TR-1/2/3
|
1.70
|
F/C SHEEP LEATHERS
Material
|
Size/sq.ft.
|
Substance
|
Selection
|
Price
US$ per sq. ft. C&F
|
Sheep
Nappa leather for garments
|
5/8
|
0.6/0.8
mm
|
ABC
|
3.00
|
Sheep
Upper leather for shoes
|
4/7
|
0.6/0.8
mm
|
ABC
|
2.75
|
Sheep
lining leather
|
4/7
|
0.5/0.7
mm
|
TR-1
|
1.75
|
Sheep
lining leather
|
5/8
|
0.6/0.8
mm
|
TR-1
|
1.85
|
INDIA INTERNATIONAL LEATHER FAIR (IILF)
2014
The IILF 2014 to be held at Chennai
Trade Centre, Nandambakkam, Chennai from 1st to 3rd
February, 2014 after its inauguration on 31st January 2014 at 6 pm
has attracted quite a large number of national and international participants
from India and more than 20 foreign countries. There are indications of more
overseas delegations and visitors this year. According to its organizers,
during the fair last year business worth US$284.4 million was generated and two
joint ventures were signed apart from many other achievements. This year it is
expected to be much more than this. No doubt the IILF Chennai is the most
important International leather fair in India.
(VMK in Indian Leather, February 2014)
-------------------------------------------------------------------------------------------------------------------