Animal Fats – International

Australian fats are quiet for both export and domestic trading. As is typical at the end of the month, both buyers and sellers are holding their cards close to the vest ahead of the August tenders. Early indications are for a flat market, but local buyers may have to pay up to keep pace with a continued decline in the Australian dollar or prices may come down as export demand is reportedly weak and sellers may not be able to leverage that market into…