CHENNA LEATHER MARKET
V. M. Khaleelur
Rahman
Chennai leather market is slowly
improving. Exporters of leather and leather products are in the market covering
their requirements. E.I. tanned and wet blue goat skins are in normal demand
whereas sheep skins are slow in movements. Tanners and traders believe that better days
are ahead.
E.I. Tanned Goat Skins
Local tanners are able to sell
their tanned goat skins 4/7 sq. ft. Run/V/IF/LIF combined at around Rs. 80 per
sq. ft. , Suedes at around Rs.54 and Linings at around Rs.50 per sq. ft.
whereas local Rejection and Langda are sold at around Rs.30 and 25 per sq. ft
respectively. But the demand for these local items are limited and not easily
movable.
There are also reports of some
business in tanned goat skins 4/7 sq. ft. Fifths and Inf. Fifths combined at
around Rs. 70 and stout Suede at around 53 whereas H/G Suede at around Rs.43.
Raw Skins
In many centres the prices of raw
goat skins are between Rs.140 and 160 per piece depending on quality and
selection. Some tanners buy big and better selection skins paying higher
prices.
Export Contracts
Some business have taken place
for export to Italy and Hong Kong in Upper and Lining leathers at around US$
2.30 and 1.50 per sq. ft. respectively in good marks.
Japanese customers are slow in
doing business. Some small business have taken place in F/C sheep leather All
Suede and Rejection at around JY 230 and 140 per sq. ft. respectively whereas
S/C sheep leather All Suede has been sold at around JY 260.
Some leading tanners and
exporters who made a business trip to Japan recently say that customers are
slow in purchases as they are having enough stocks with them.
As far as footwear business is
concerned, many leading exporters are able to get orders at considerably lower
prices to keep their factories functioning in the present market situations.
Exporters are offering as follows for export:
F/C sheep suede leather
All Suede 5/7 sq. ft. JY245
and 4/7 sq. ft. JY235, per sq. ft. C&F by sea
Rejection Suede 6/8 sq. ft.
JY150 and 4/7 sq. ft. JY140 per sq. ft. C&F by sea
Double Rejection Suede 4/7 sq.
ft. JY120 per sq. ft. C&F. by sea
F/C sheep lining leather
TR-Lining 4/7 sq. ft. JY155
and 5/8 sq. ft. JY160 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
|
3/5 or 4/7
|
0.6/0.8 mm
|
ABC/DE
|
2.30/1.80
|
Goat milled leather
|
4/7
|
0.6/0.8 mm
|
TR-1
|
1.70
|
Goat suede leather
|
4/7
5/8
|
0.6/0.8 mm
0.6/0.8 mm
|
All Suede
|
2.20
2.30
|
Goat lining leather
|
4/7
|
0.5/0.7 mm
|
TR-1/2/3
|
1.50
|
6/9
|
0.6/0.8 mm
|
TR-1/2/3
|
1.60
|
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
|
2.40
|
Sheep Cabretta leather
|
6/9
|
0.8/1.00 mm
|
ABC
|
2.60
|
Sheep lining leather
|
4/7
5/9
|
0.5/0.7 mm
0.6/0.8 mm
|
TR-1
TR-1
|
1.60
1.70
|
The Hong Kong leather fair is to be held from 30th March to
1st April 2016. As it is one of the most important fairs, exporters
are getting ready to participate in it with the hope of good results. Some Hong
Kong customers who were inactive in the market for more than a year because of
some problems they faced there are expected to restart their business during
the fair.
(Writer’s e-mail id: vmk1234@yahoo.com)
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