Chennai Leather Market - December 2017

                                              CHENNAI LEATHER MARKET

V M Khaleelur Rahman

Activities in the Chennai leather market are almost normal and the routine business in tanned goat skins particularly in higher selections and better lining selection are going on. While 3/5 sq. ft. Run is sold at around Rs.80, 5/7 sq. ft. A lining is sold at around Rs.45 per sq. ft.

There seems to be some increased demand for Rejection and Langda at around Rs.15 per sq. ft. and Rs.120 per kg respectively. Customers from Agra, Kanpur and Mumbai bought these items recently.

 Cow and buffalo leathers, pull outs in multi-colours, were sold in small quantities, at prices ranging from Rs.25 to 30 per sq. ft. Some better selections fetched higher prices.

It is reported that North Indian product manufacturers bought cow and goat upper and lining leathers at different prices as per quality and grade.

The present day show of the leather industry in Tamil Nadu is mainly because of big shoe factories situated in places like Ambur.  The shoe manufacturers have been successful in keeping their units functioning well and getting export contracts from overseas customers with their best efforts as otherwise the condition of the industry would have been worse and thousands of employees would have been out of jobs.

Export Business

As regards export business, it is said that some big exporters have fetched good orders in goat upper and lining leathers recently at around prices US$ 2.30 and 1.70 per sq. ft. respectively. However the hard fact is that leather exporters are struggling to survive in the export business as getting orders has become a Himalayan task mainly because of heavy competitions from exporters of our neighbouring countries like China, Pakistan and Bangladesh.

Tanners’ Quotations are as follows:

E.I. Tanned Goat Skins

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

Suede selection:  4/6 sq. ft. Rs.46

Lining selection: 4/6 sq. ft. Rs.44, 5/7 sq. ft. Rs.48 and 5/7 A grade lining Rs.52

Mesh selection: 5/8 sq. ft. Rs.32 per sq. ft.

Prices of raw goat and sheep skins continue to be erratic in raw skin centres throughout the country. There are no takers for lower selections at any price.

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/DE	2.15/1.65
Goat milled leather	4/7	0.6/0.8 mm	TR-1 TR-2	1.75 1.60
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 TR-2 TR-3	1.70 1.60 1.50
	6/9	0.6/0.8 mm	TR-1	1.80

                        F/C SHEEP LEATHERS

Material	Size/sq. ft.	Substance	Selection	Price US$ per sq. ft. C&F
Sheep Cabretta leather	4/6	0.6/0.8 mm	ABC	2.00
Sheep Cabretta leather	6/8	0.8/1.00 mm	ABC	2.20
Sheep lining leather	4/7 5/8	0.5/0.7 mm 0.6/0.8 mm	TR-1 TR-1	1.65 1.75

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

Rejection Suede JY 110

6/9 sq. ft. All Suede JY 210, LIF Suede JY 175 and 

Rejection Suede JY 120

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