Animal Fats – International

Trading out of the Australian market were reported steady in terms of US$ for export. Demand from Singapore and China are both steady, but buyers may be pushing for lower prices for their next position. AUS domestic prices are up basis lower AUD/USD ratio. Trading out of the New Zealand market was flat with last week. Sellers have echoed the sentiments of their western neighbor, good demand from Singapore and China, but buyers are pushing for lower…