Thursday, March 2, 2017

CHENNAI LEATHER MARKET - MARCH 2017

CHENNAI LEATHER MARKET

V. M. Khaleelur Rahman

The 32nd India International Leather Fair 2017 (IILF) inaugurated on the evening of 31st January and held from 1st to 3rd February 2017 was as good with glittering paraphernalia as always in the previous years despite slow domestic and international market conditions. It attracted quite a large number of participants as well as business visitors from India and abroad. According to participants it was highly successful.

In the inaugural function Hon’ble Minister for Environment, Government of Tamil Nadu, Shri K. C. Karuppannan was the Chief Guest. The Council for Leather Exports presented Export Excellence Awards 2015-16 to the exporters of leather and leather products who performed well in their exports. The Awards for 1st, 2nd and 3rd places in overall exports went to 1. K. H. Exports India Private Limited, Chennai  2. Tata International Limited, Mumbai and 3. Mirza International Limited, Kanpur respectively.  Awards were also given to other exporters who performed well achieving valuable foreign exchange by their exports in categories like Leather Footwear, Leather Goods, Leather Garments, Finished  Leather etc.

When questioned an exporter pointed out that business concluded in the fair may not be big in volumes, but it is believed that there will be increased demand for leather products particularly for shoes and leather goods in the coming months. Another exporter  optimistically said  the leather industry which has seen many ups and downs will endeavour its best with new strategies to improve and boost its exports. 

As far as Chennai leather market is concerned, prices for E.I. Tanned goat and sheep skins are almost unchanged.  Some big exporters of leather and leather products are in the market covering their requirements. It is hoped that market may pick up in the days to come.

Ruling prices of E.I. Tanned Goat skins are given below (approximate)

Grain selection: 

5/8 sq. ft. Run Rs. 95, Fifth Rs. 80, Inf. Fifth Rs. 70 and LIF Rs. 60

Suede Selection

4/6 sq. ft. Rs. 46 and 5/8 sq. ft.  Rs.47

Lining Selection

5/8 sq. ft. AB Lining Rs.45 and ABC Lining 42
4/6 AB Lining Rs.39 and ABC Lining Rs.37

Mesh Selection

5/8 sq. ft. Rs.31

Rejection

Rs. 18

All prices are per sq. ft. 

EXPORT OFFERS ARE AT AROUND THE FOLLOWING PRICES:

                                      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
2.10/1.60
Goat milled leather
4/7
0.6/0.8 mm
TR-1/TR-2/TR-3
1.60/1.50/1.40
Goat suede leather
4/7
5/8
0.6/0.8 mm
0.6/0.8 mm
All Suede
1.95
2.05
Goat lining leather

4/7
0.5/0.7 mm
TR-1/2/3 combined
1.50
6/9
0.6/0.8 mm
TR-1/2/3
Combined
1.60
                                                       
                                   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
1.90
Sheep Cabretta leather
6/9
0.8/1.00 mm
ABC
2.00
Sheep lining leather
4/7
5/9
0.5/0.7 mm
0.6/0.8 mm
TR-1/2/3
TR-1/2/3
1.50
1.60

F/C sheep leather

All Suede 4/7 sq. ft. JY 200 and 5/7 sq. ft. JY 210 per sq. ft. C&F

Rejection Suede 4/7 sq. ft. JY 110 and 5/7 sq. ft. JY 120 per sq. ft. C&F

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


No comments:

Post a Comment