A weaker ringgit helped to buoy palm oil exports. As the domestic currency becomes cheaper, exports become more attractive to other countries.
Cargo surveyor Intertek Testing provided data that showed stronger export activity in April 1 through 20 compared to the same period in March. Overall, exports were up nearly 10%, despite crude palm oil (CPO) shipments falling by 65%….
01.30.2025
Diamond Green Diesel will look to Europe for RD, SAF: Valero
The most attractive markets for renewable diesel (RD) and sustainable aviation fuel (SAF) are Europe and the UK, Eric Fisher, senior vice president of US-based fuels producer Valero, said...
01.30.2025
DCO holds firm while animal fats sentiment softens amid market uncertainty
Activity in the US animal fats and oils markets eased on Thursday January 30 as the month neared its end on a more cautious note amid ongoing uncertainty.
01.30.2025
Limited hide bidding interest; some Chinese tanners engage for discounts
Several hide sellers noted limited bidding interest on Thursday January 30, except for one packer who received strong volume bids from Chinese upholstery and shoe tanners despite the ongoing...