Demand for Malaysian palm oil products moved higher over the first fifteen days of November. After showing weakness the first 10 days of the month, demand for refined products accelerated, as did shipments to the EU, India, and the Middle East. Demand for RBD palm olein and palm stearin are both up 30% month over month, while crude palm oil (CPO) demand is off by 5%.
An increase in export activity is…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...