01.24.2025
Renderer BFT trades higher to close out the week
Renderer grade bleachable fancy tallow (BFT) traded up to 50 cents per lb Chicago on Friday January 24 in a five-car trade.
Prices into the Gulf were higher as well,...
According the the Malaysian palm oil board (MPOB):
- June Crude output of 1,763,928 metric tons is down 2.58% from May
- Palm exports of 1,697,256 metric tons are up 5.19%
- Ending stocks of 2,151,287 MT are down 4.33%
- Crude palm oil stocks are down 14%
Malaysia palm export activity over the first 10 days of July
- Crude palm oil shipments are down 88% month over month
- RBD palm stearin shipments down 60%
- RBD palm oil shipments down 54%
- RBD palm olefin down 6%
- Exports to India down 88%, Eu down 56%, Middle East down 56%