Soybean oil prices gained Monday investor’s exited bearish bets and additional simulative policy from the Chinese Central Bank. Prices for the bean oil advanced as excess rain in Argentina slowed harvest there, and speculation continued that truckers in Brazil could resume earlier protests, sending foreign buyers to the U.S. for supplies instead.
Reports over the weekend that China had taken…
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...