Export data from cargo surveyor Intertek Testing shows that palm oil shipments for export are up 19.8% and have rebounded from the slight decline seen at mid-month. Malaysia’s decision to increase the export tariff on crude palm oil (CPO) shipments beginning April 1st may have led to some advance buying heading into the end of the month. CPO shipments increased by 96,360 metric tons in the past…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...