Palm exports from Malaysia are down 15.5% over the first twenty days of July. Weaker demand from top importers India, the EU, and China has easily outpaced a surge in demand from the Middle East. Shipments to the Middle East are up 88% or by 28,000 metric tons. However, this is not enough to compensate for the 80,000 metric ton drop in demand from China, India, and the EU combined.
Crude…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...