01.31.2025
US animal fats and oils markets hold firm on week; signs of softening emerge
After a strong start to the week, the US animal fats and oils markets ended the month on a mixed note on Friday January 31, as ongoing uncertainty continued...
European values for Cat 1 fats are up €5 this week compared to last as are Cat 3. Cat 1 fats are seeing an increase in demand due to an uptick in European TME values. UCO values are up as well, quoted anywhere from €640 – 660 DDP for ISCC approved material. UCO prices are up considerably from the start of the year where DDP prices were trading in the high €500’s. At 650€, UCO has a US$ equivalent of around $700. Weaker prices in the…