Chennai Leather Market - September 2018

CHENNAI LEATHER MARKET

V M Khaleelur Rahman

Activities are normal in the Chennai  leather market. Exporters of leather and leather products continue to buy E.I. Tanned Goat Skins, grain selections in higher grades, R/V/IF 4/6 sq. ft. at around Rs.65 and 5/8 sq. ft. at around Rs.80 per sq. ft.

Some sales are also taking place in 4/6 sq. ft. Suede and Lining selections at around Rs.39 and 34 per sq. ft. respectively.  

During the fourth week of August activities were very much restricted due to Eid-ul-Azha festival holidays.

Reports received from different States reveal that prices of Qurbani raw hides and goat skins varied very much depending on quality and selection.

 In Maharastra particularly in Mumbai Qurbani raw goat skins were sold at around Rs.50 per piece. In some other places like Miraj they fetched much higher prices. There were no takers for Rejection skins.

In States like Kashmir raw hides and skins fetched very low prices due to various reasons. Selling was very difficult.

As far as Tamil Nadu is concerned, in places like Ambur, Vaniyambadi, Gudiyattam, Pernambut etc. , Qurbani raw sheep skins  were sold at around Rs.120 and raw hides at around Rs.550 per piece.

Quotations of tanners are as given below:

E. I. Tanned Goat Skins

Grain Selection:

4/6 sq. ft. Run Rs.90, Fifths R.75, Inf. Fifths Rs.65 and LIF Rs.56

6/8 sq. ft. Run Rs.100, Fifths Rs.85, Inf. Fifths Rs.75 and LIF Rs.65

Suede Selection:

4/6 sq. ft. Rs.40 and 5/8 Rs.45

Lining Selection:

4/6 sq. ft. 35 and 5/8 Rs.42

Mesh Selection:

4/6 sq. ft. 28 and 5/8 sq. ft. Rs.32

All prices are per sq. ft.

Export Orders

As far as export is concerned, there is no report of any big business. However some small business  have taken place in S/C glazed goat upper and lining leathers at around US$ 2.30 and 1.70 per sq. ft. respectively.  It is reported that European as well as Far East customers are slow in purchases.

Although tanners and exporters are finding it difficult to get orders, some shoe manufacturers are able to get orders from their European customers with their best efforts. But for their endeavours and continuous work in their factories, the condition of the leather industry would have been worse. It is to be noted that in Ambur about 25,000 people are employed in different leather units.

Quotations of Exporters

F/C sheep leather

4/6 sq. ft. All Suede JY 180, LIF Suede JY 155 and Rejection Suede JY 110

6/9 sq. ft. All Suede JY 190, LIF Suede JY 165 and Rejection Suede JY 120

All 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	4/7	0.6/0.8 mm	ABC	2.40
Goat milled leather	4/7	0.6/0.8 mm	TR-1	1.70
Goat suede leather	4/6	0.6/0.8 mm	All Suede	1.80
Goat lining leather	4/7	0.5/0.7 mm	TR-1	1.65
	6/9	0.6/0.8 mm	TR-1	1.75

                        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	2.05
Sheep Cabretta leather	6/9	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	1.75 1.85

 

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