05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
The major news in the US hide market this week is the lack of news from the ongoing West Coast ports labor negotiations. Following progress reported on Monday regarding the resolution of the chaise maintenance issues, encouraging news on the progress of negotiations has been stunningly quiet. Some people see this as a positive indication that the mediators are keeping the talks on point but until a deal is reached, the problem builds.
I…