Chennai Leather Market - November 2017

CHENNAI LEATHER MARKET

V. M. Khaleelur Rahman

Leather market is yet to recover from its slow tendency. While some shoe manufacturers show interest for higher selections of tanned goat skins such as 3/5 sq. ft. Run, Fifth and Inferior fifth at around the combined price of Rs.80 per sq. ft., some leather exporters buy small quantities in 5/7 sq. ft. Lining at around Rs.45 per sq. ft.

Calcutta and Agra customers are expected to resume purchases. Some business has already taken place in goat shoe upper and lining leathers at different prices depending on quality and selection. There is also some demand for local items such as Rejection and Langda at around Rs.12 and Rs.9 per sq. ft. respectively which tanners consider as very low.

Export Business

As far as export business is concerned, there is good demand for best qualities of buffalo and cow calf upper leathers produced mainly in Ranipet. Some shoe manufacturers abroad regularly buy this item.

In goat upper and lining leathers overseas business seems to be little and prices obtainable for them are at around US $ 2.20 and 1.70 per sq. ft. respectively in good marks. There was also a report of goat milled leathers being sold at around US$ 1.80 per sq. ft. Tanners and exporters are of the opinion that market may revive slowly and the bad days will vanish.

Quotations are as follows:

E.I. Tanned Goat Skins

Grain selection : 5/7 sq. ft. Run/V Rs.90, V Rs.70, IF Rs.60 and LIF Rs.50

Suede selection: 5/7 sq. ft. Rs.43 and 4/6 sq. ft. Rs.39

Lining selection: 5/7 sq. ft. Rs.40 and 4/6 sq. ft. Rs.35

Mesh selection: 5/8 sq. ft. Rs.30,

all prices per sq.ft. 

Prices of raw goat and sheep skins are erratic in raw skin centres throughout the country. There are no takers for lower selections.

Quotations of Exporters:

4/6 sq. ft. All Suede JY 190, LIF Suede JY 160, Rejection Suede JY 110

6/9 sq. ft. All Suede JY 210, LIF Suede JY 175, Rejection Suede JY 120 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/DE	2.10/1.60
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	1.90 2.00
Goat lining leather	4/7	0.5/0.7 mm	TR-1	1.60
	6/9	0.6/0.8 mm	TR-1	1.70

                        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	1.90
Sheep Cabretta leather	6/9	0.8/1.00 mm	ABC	2.00
Sheep lining leather	4/7 5/8	0.5/0.7 mm 0.6/0.8 mm	TR-1 TR-1	1.55 1.65

TECH & TRENDS 2018

There is much talk and enthusiasm in the leather industry about the Tech & Trends 2018 programme to be held at Ambur Trade Centre on 14^th and 15^th November 2017 by Chennai Institute of Leather Technology Alumni Association (CILTAA), a connecting body of more than 400 technologists creating leathers, with the support of various trade bodies, in order to “make a quick update on gearing up for 2017-18”. It is hoped that this event will enable leather manufacturers to find new technology to create different kinds of high quality leathers and shoes to attract foreign customers. It will provide an opportunity for interaction with innovative chemical manufacturers and suppliers.

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