International Animal Proteins

MBM prices traded lower into Indonesia, $440 – 470 with reports of old sales at $480. Cheaper US material is pressing the market lower and despite tight supplies in the ANZ markets, sellers have had to lower their price in order to keep product moving. Trading into China was lower as well, $460 – 480.

Figure 1.

The spread between the average US interior price (Tx. PH & Mo. River) to Indonesia is shown in US$/MT.