Animal Fats – International

Trading out of the Australian market was flat this week with no changes reported. The New Zealand market was similar, although trading was done lower on the lower grade material. K grade tallow was off NZ$20. Sources in both New Zealand and Australia have reported that demand from the big fuel buyer in the region has yet to materialize, but sellers see the big spread to North American tallow and know that low prices should soon cure low price.  The…