&Nbsp Is Deeply Affected By Supply And Demand; Argentina'S Leather Price Has Reached A New High.
According to the latest data released, the slaughtering of cattle in the first quarter of 2011 has continued to decline, but the price is still fair.
Already bottomed out, but the price of leather is still rising. Many people suspect that the price is approaching the ceiling.
However, according to Sauer's report in July 12th, the price has slowed down this month, mainly due to the fact that the previous surge can not be pferred to leather prices.
It is also likely to continue to decline, because the trade in leather at home and abroad has slowed down.
The price of raw leather has dropped by about 15%. At present, such a decline will continue to respond to the balance between supply and demand.
In recent reports,
Argentina
ClaudioSalvador, editor of leather technology magazine of the leather chemist Association (AAQTIC), estimates that the number of cattle in 2011 is about forty-eight million.
This is 4% lower than that in 2010, but it decreased by twelve million or 20% in comparison with 2008.
In the first quarter, the slaughtering volume reached two million and six hundred thousand, which means that the gross slaughterhouse will reach ten million and five hundred thousand by the year.
This is 11% lower than the number in 2010, a sharp drop of 35% compared with the drought in 2009, and drought affected areas throughout Argentina.
Therefore, the emergence of
Leatherwear
The shortage has led to a surprisingly high price.
According to CORSECUER consultancy statistics, the current price is about $2 per kilogram (salted skin, Buenos Aires), while in April it was 8 Australian dollars, the highest record ever recorded.
In the past two years, the price of raw leather (US dollar) has increased by nearly ten times the lowest point in 2009.
financial crisis
During the period, prices all over the world plummeted.
A statistical price calculated in Australian dollars; all prices are converted into US dollars at the daily rate.
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