Animal Fats – International

Trading was flat out of the Australian market with the exception of poultry tallow, which was reported at a flat AUS$1050 ex-works. Sources reported that demand from Singapore may push prices up through the month of February.  Demand from Singapore has pushed 2% PBT up NZ$50 from last week and 4% BFT up NZ$45.  The increases came despite a strong NZ$ versus the greenback. At NZ$1165, PBT has a US$ value of $852/MT or 111% of the price of palm…