The report suggests that recent weak sales results for European automotive groups could present a challenge to leather manufacturers.
It makes the point that long-term price agreements with automotive manufacturers have brought some much-needed stability to leather manufacturers and hide suppliers.
But it goes on to suggest that recent negative figures from European car manufacturers could lead to “new pressure on suppliers”. This would come as no surprise, Market Intelligence, says, but it could bring up questions about how much leather will go into new cars.
It could also mean that there will be another round of price pressure on suppliers.
京公网安备 11010202009378号
