Thursday, April 29, 2010

Regent Traders again on the road

By grace of Almighty we are again on able to supply leather scraps from car seats 1x40ft container monthly.

Smooth/Nappa and Embossed
Dark Brown, Black and Beige Colors

For more details and pictures please contact us directly.

Prices for Cattle Hides Surge Dramatically

In my last post, I had indicated that prices for Cow and Buffalo have increased but to how much extent I did not know.

Price for a raw cow hide for 6 months had been at the level of Rs 900-1000 and this has been increased to Rs 2500 per hide. And that simultaneous rise in price of Chemicals has deteriorated the already fainted Industry.

Major Buying starts from the region of Punjab where Sialkot is the Hub of leather articles. Even though Sialkot is facing enormous shortage of power since 3 months but buying at such higher rates means they are getting good prices for their products abroad.

Shoe manufacturers also had problems for 2 weeks when government imposed heavy duties on PU soles. Now the industry has resumed to its normal pace with a gift of price increase half way down the season.

Tuesday, April 20, 2010

Extracts from World Leather Mag

Pakistan tanners out in force
Hong Kong
Published: 09 April, 2010
Opening the Pakistan pavilion

Pakistan pavilion opening at the APLF 2010

A total of 66 companies recently attended the APLF in Hong Kong from Pakistan. The fair is seen as the major international show for the Pakistan’s tanners with existing and new buyers attending from all over the world, particularly Asia.

Gulzar Firoz, chairman, Pakistan Tanners Association (PTA) expressed his satisfaction on successful participation of Pakistan at the APLF following a successful show for Pakistan’s tanners and major orders had been taken.

Dr Ahmad Balal, consul general, consulate general of Pakistan, Hong Kong accompanied by Michael Duck, chief executive and organizer of APLF inaugurated the Pakistan Pavilion at APLF on March 29.

2010 marks the highest number of exhibitors from Pakistan attending the show. According to the PTA buyers visited stands from several countries including Indonesia, Vietnam, the US, New Zealand, South Korea, Japan, Singapore, China, India, Taiwan, Germany, Canada, Turkey, Italy, Czech Republic, Romania, Poland, and Hungry during the three-day show.

Gulzar Firoz said that around US$30 million of export orders of finished leather were concluded during the fair and a further US$20 million of new orders are in the pipeline following the show, which took place March 29-31.

Leather Seat Cuttings - Only 4000 kgs left

Our very first offer , the one for leather seat cuttings, packed in poly bags is sold out. But we have approximately 4000 Kgs remaining in our warehouse.

Sunday, April 18, 2010

Article in Local News Paper


This can be read at the following page:
http://jang.com.pk/jang/apr2010-daily/19-04-2010/col7.htm

Jang Newspaper:Highlighting issues in Leather Industry

An article published in local news paper highlighting "daunting issues" covering Leather Industry of Pakistan. Four Major Points were raised:

1. Illegal exports of Cattle animals to Iran and Afghanistan causing deficiancy of Raw Skins in Local Markets.
2. That all WTO signatory countries Including Bangladesh,India,Egypt have posed 60-70% duty on exports of Raw Skins or either completely banned, why Pakistan is not considering it important.
3.Price Hike of meat due to scarcity of animals causing problems to general public.
4.Pakistan importing raw skins due to this scarcity of animal skins and hides and thus increasing cost of the finished product.

Recently I had heard a reputed manufacturer in Karachi, Mehmood Brothers is facing trouble in buying the desired raw material, even in good rates. We can never expect our government would resolve in this matter, they are earning money !!

Prices of local market cow and buffalo finished leather have also increased after a 6 months slow business.