CHENNAI LEATHER MARKET
V M Khaleelur Rahman
In the Chennai leather market, business in
tanned goat skins continues at almost unchanged prices. Some big shoe
manufacturers continue to show interest particularly for better lining
selections. Although tanners are quoting higher prices due to increase in
quality raw goat skin prices, business takes place at somewhat lower prices
depending on quality and selection. Rejection and Langda are very slow in
movements. Customers from Mumbai, Delhi, Kolkata and other places who used to
buy these items mostly are slow in purchases since some two or three months. At
present prices available for Rejection and Langda are as low as Rs.15 to 16 and
Rs.11 to 12 respectively per sq. ft. It is to be noted that tanning charge itself
is around Rs.15 per sq. ft. You can imagine the predicament of tanners. They are
in a tight corner, not knowing how to face this situation.
At present tanners are quoting at
around the following prices:
E.I. Tanned Goat Skins
Grain selection:
4/6 sq. ft. Run/V/IF/LIF combined Rs.55 to 60
5/8 sq. ft.
Run/V/IF/LIF Rs.95/80/70/60
Suede
Selection:
4/6 sq. ft. All
Suede Rs.45 to 46
5/7 sq. ft. All
Suede Rs.49 to 50
Lining
Selection:
4/6 sq. ft.
ABC combined Rs.38 to 39
5/8 sq. ft. AB
combined Rs.48 and ABC combined Rs.44
Mesh
selection:
5/8 sq. ft.
Rs.25
Rejection
3/8 sq. ft.
Rs.16
Langda
Rs.12
Cow and buffalo finished leathers in multi colours, export rejects
Rs.30 to 40 depending on quality and selection
Wet Blue cow hides
2/3/4/5 grades Rs.120/110/100/90
All prices are per sq. ft.
EXPORTS CONTRACTS
Exporters say overseas enquiries are coming and business is improving. Upper
and Lining leathers are saleable at around US$ 2.30 and 1.70 per sq. ft.
respectively. Some big exporters seem to have fetched higher prices. European
as well as Far East customers are showing interest for these regular items
meant for shoes.
Some Japanese customers are showing interest for F/C sheep leather. Tanners
are quoting the following prices.
F/C sheep leather
4/6 sq. ft. All Suede JY 200, LIF Suede JY 165, Rej. Suede JY 110
6/9 sq. ft. All Suede JY 210, LIF Suede JY 175, Rej. Suede JY 120
It is learnt that two or three
exporters have sold some of the above items at around the above mentioned prices.
It is also learnt that there is more demand for Rej. Suede leathers.
As Japanese market is slow
and demand limited, tanners and exporters are not interested in doing E.I.
Tanned Sheep Skins. They cannot afford to make this item and wait months together
for business.
Offers of exporters
are 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
|
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
|
1.80
|
Goat
suede leather
|
4/7
5/8
|
0.6/0.8
mm
0.6/0.8
mm
|
All
Suede
|
2.10
2.20
|
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
|
2.00
|
Sheep
Cabretta leather
|
6/9
|
0.8/1.00
mm
|
ABC
|
2.10
|
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
|
(Writer’s e-mail id: vmk1234@yahoo.com)
