International Animal Fats Bulletin

International Animal Fats Bulletin

Animal Fats – International

Trading out of the Australian market was up US$20 for export this week. Sources have reported that favorable pricing relative to palm has helped increase demand and push prices higher. The NZ market is seeing support from the palm market as well, but prices were reported sideways with last week’s trading. Sources have indicated that interest from Singapore is picking up, as well is should given the huge spread to North American tallow.

North…

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Exchange rate:
EUR/USD — $1.153

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