Animal Proteins – International

Prices for MBM into Indonesia have improved, $440 – 480 CIF. Buyers in Indonesia are starting to get altitude sickness from the higher values and have suggested that soybean meal may replace MBM if prices get pushed much higher. Trading into China was quiet this week with New Year celebrations underway.

Trading out of the Australian market was reported flat, with the exception of domestic MBM which was reported AUS$580 – 620. Sources have…