Chennai leather market continues
to remain almost unchanged in its activities. Local tanners are cautious in
their operations. Most of them have reduced their productions as demand is
limited and prices available are unworkable.
It is learnt that some big
exporters of leather and leather products are in the market occasionally buying
their requirements of E.I. tanned goat skins at around the following prices:
5/8 sq. ft. Run Rs.90, Fifth
Rs.80, Inferior Fifth Rs.70 and Loose Inf. Fifth Rs.60
There is less demand for 4/6 sq.
ft. and available prices are at around Rs.65 for Run and Fifth combined whereas
A and B Linings in 5/8 sq. ft. are salable at around Rs.50 and 45.
4/6 sq. ft. All Suede in on the move at around
Rs. 53.
Local Rejections and Langdas are
sold at around Rs.25 and 20 respectively per sq. ft.
Tanners say that they are not
interested in doing big business as although the prices of raw skins are lower,
tanning charges are higher – Rs. 15 for
tanned leather and Rs.20 for Crust leather per sq. ft.
RAW SKINS
Market is slow in almost all raw
centres in the country. In Miraj where quality is good, goat raw skins are sold
at around Rs.180/200 per piece and in other centres like Kalyan in Maharashtra
at around Rs.130/140 per piece. Surprisingly in many raw centres the prices of
raw goat and sheep skins are almost the same. There is much fall in the prices
of sheep skins. But in Centres like Salem in Tamil Nadu the prices are much
higher for both raw goat and sheep skins as quality is good. Some reputed tanners buy only big size raw
goat and sheep skins with strict inspection for which they pay high prices
which depend on quality and selection.
OVERSEAS CONTRACTS
Due to Christmas and New Year
holidays abroad, there was no report of any big business. During the first two
weeks of December some business were reported at around almost unchanged
prices. While S/C and F/C goat upper leathers were sold at around US $ 2.50, A,
B and C Linings were sold at around US $ 160,150 and 140 per sq. ft.
respectively.
Quotations
of exporters are as follows:
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
|
2.60
|
Goat milled leather
|
4/7
|
0.6/0.8 mm
|
D/E
G/H
|
1.70
1.60
|
Goat suede leather
|
4/7
|
0.6/0.8 mm
|
All Suede
|
2.30
|
Goat lining leather
|
3/5 or 4/7
|
0.5/0.7 mm
|
TR-1
TR-2
TR-3
|
1.70
1.60
1.50
|
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 upper leather
|
4/7
|
0.6/0.8 mm
|
ABC
|
2.60
|
Sheep Upper leather
|
6/9
|
0.8/1.00 mm
|
ABC
|
2.70
|
Sheep lining leather
|
4/7
|
0.5/0.7 mm
|
TR-1/2/3
|
1.60
|
Sheep lining leather
|
5/8
|
0.6/0.8 mm
|
TR-1/2/3
|
1.70
|
As regards business with Japan,
there was no report of any fresh business. Perhaps customers wanted to do
business in the New Year after getting their outstanding contracts executed.
However exporters offers are as follows:
S/C
sheep upper leather
6/9 sq. ft. ABC JY 250 per sq. ft.
C&F
5/7 sq. ft. ABC JY 240 per sq. ft.
C&F
4/7 sq. ft. ABC JY 230 per sq. ft.
C&F
F/C
sheep suede leather
All Suede 6/8 sq. ft. JY240, 5 sq.
ft. and up JY230 and 4/7 sq. ft. JY225 per sq. ft. C&F
F/C
sheep lining leather
TR-Lining 4/7 sq. ft. JY140 and 5/8
sq. ft. JY150 per sq. ft. C&F
(Writer’s e-mail id: vmk1234@yahoo.com)
Children celebrating with the tricolour in Bhopal ahead of Republic Day. Photo: A.M.Faruqui.
