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...
Market Activity & Analysis
Some of the Asian buyers are starting to wind down for the Chinese New Year holiday which officially starts February 18 and goes through February 24.
A few US suppliers are starting to put out fairly small offers with prices from steady to $0.50-$1 higher. So far, inquiries and bids are few and far between with buyers just starting to test the water.
Today’s Market
The market was relatively quiet today…