Animal Fats – International
Fat prices out of Australia, both domestic and export, are off by a sharp degree compared to last week. Sources had reported some stubbornness at the higher end, but cheaper prices from competing sellers and a well-bought fuel sector have brought prices down. With reports of fuel buyers full through June, sellers have looked to China and other markets and have seen not only palm take away value from the tallow market, but local Chinese production as…
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