Chennai Leather Market - April 2019

CHENNAI  LEATHER MARKET

V M Khaleelur Rahman

There seems to be no change for the better in the Chennai leather market. The same sellers, the same buyers and the same routine limited transactions are witnessed in the market. Some big Shoe and leather exporters are interested in buying tanned goat skins ABC 4/6 sq. ft. at Rs.90, 5/7 sq. ft. at Rs.100, Suede 4/6 sq. ft. at Rs.38, Lining 4/6 sq. ft. at Rs.34 and 5/7 at Rs.39 per sq. ft.

As far as local items Rejection and Langda are concerned, movement is very slow. Prices fetched are Rs.11 per sq. ft. and Rs.100 per kg respectively. North Indian interest is almost absent. The forthcoming Parliamentary elections can also be a reason for this. It is said that payments are very much delayed and suppliers are suffering a lot. Small tanners are in a tight corner not knowing how to manage their business.

Prices of raw hides and skins are erratic almost everywhere in the country. Leading tanners are interested only in Miraj type of quality raw goat skins at prices ranging from Rs.90 to 130 and even more depending on quality and grades. Generally speaking the ruling prices for ordinary type raw goat skins are from Rs.30 to 80 per piece depending on size, quality and selection. There is no demand for lower selections at all.

Raw sheep skins sold in Centres like Dharwad are at around Rs.90/100 per piece. Some of the Vaniyambadi tanners who are mostly engaged in doing sheep nappa and suede leathers are covering their requirements in this item.

Raw cow hides are sold at around Rs.550/600 and raw cow calf skin (top grade) at around Rs.350/400 per piece. As there is no season, buffalo hides are sold at around Rs.150 whereas good quality buffalo calf skins are sold at around Rs.100 per piece. 

Hong Kong Leather Fair

In the recent APLF leather fair held from March 13 to 15 at Hong Kong, according to reports, although good arrangements had been made there, participation of leather importers was limited. Many Korean customers were conspicuous by their absence. Business done in leather was patchy. Only some big units were able to conclude some business. However it was a good and fun filled get together for the visitors for future planning.

Quotations of Tanners

E.I. Tanned Goat Skins

Grain Selection:

4/6 sq. ft. Run Rs.95, V/IF/LIF Rs.75, Lot Rs.50

Suede Selection:

4/6 sq. ft. Rs.39

Lining Selection:

4/6 sq. ft. Rs.35 and 5/8 sq. ft. Rs.40 per sq. ft.

Quotations of Exporters

F/C sheep leather

4/6 sq. ft. All Suede JY 180, LIF Suede JY 145 and Rejection Suede JY 90

5/7 sq. ft. All Suede JY 190, LIF Suede JY 155 and Rejection Suede JY 100

                              S/C OR F/C GOAT LEATHER

Material	Size/sq. ft.	Substance	Selection	Price US$ per sq. ft. C&F
Goat upper leather	4/7	0.6/0.8 mm	ABC	2.30
Goat milled leather	4/7	0.6/0.8 mm	TR-1	1.70
Goat suede leather	4/7	0.6/0.8 mm	All Suede	1.95
Goat lining leather	4/7	0.5/0.7 mm	TR-1/2/3	1.70/1.60/1.50
Goat lining leather	5/8	0.6/0.8 mm	TR-1/2/3	1.80/1.70/1.60

                                    F/C SHEEP LEATHER

Material	Size/sq. ft.	Substance	Selection	Price US$ per sq. ft. C&F
Sheep cabretta leather	4/7	0.6/0.8	ABC	2.10
Sheep cabretta leather	6/9	0.8/1.0	ABC	2.25
Sheep lining leather	4/7 5/8	0.5/0.7 0.6/0.8	TR-1 TR-1	1.75 1.85

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