In 2017, it is not an easy year for foreign trade. Various phenomena prove this view. Especially, leather sales are not optimistic in China.
Currently, the leather market, most of the tanneries seem to have signed the order and producing according to the orders, and high-quality leather is still plenty of purchasing interest, So, listed leather seem to be easily sold. As for popular goods of dependable quality, especially female cow leather is not the case, the situation is unstable. Some vendors can easily empty inventory before the end of years, but the other part of the supplier is not, these are a serious backlog. This situation is likely to remain with the quality issues.
Cowhide oversupply and sales is not optimistic
The latest US Department of Agriculture statistics show that as of the 44th week, the weekly export volume of cowhide and wet-blue leather is only 613,500, and 3.75 million less than leather peel stripping of 651,000 pieces. Thus, the unsalable phenomenon of cowhide and wet-blue leather has not changed much. A weekly number of canceled contracts cowhide is 21,000, accounting for 4.2% of the net export amount of leather. Among them, wet-blue leather canceled contracts' number is not obvious and can be ignored.
Leather prices will not be significantly increased
In addition to China, the world's tannery in many countries is facing a shortage of funds. Although the governments of developed countries to the financial industry input a lot of money, but banks reluctant to lend money to companies, which is a more severe shortage of enterprise funds, particularly in the manufacturing enterprise. It is not difficult to infer, low-interest rate policy in developed countries will not play any active role in boosting the prices of leather aspect.
Cowhide market is not optimistic, in other words, leather goods manufacturers are also not well. Under such grim international environment, as a factory, we guarantee to provide high-quality products & service, and we will develop customers continuously to reduce risks and growth against the trend.