Malaysian palm oil exports of 862,215 metric tons continue to suffer and are 14% less than what was seen during first 25 days of May, as well as 12.5% less than the 985,534 MT shipped over the same period in June 2017 according to cargo surveyor SGS. Weakness in RBD palm olein demand continues to drive the weaker export data.
Crude palm oil (CPO) demand is fairly strong, up 54% to 115,080 MT over…
04.19.2024
Reduced March RIN production not leading to higher RIN Prices
Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...
04.19.2024
CWG, YG higher on week, UCO, DCO down again
The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.
04.19.2024
Price pressure on ruminant and porcine items for the week
Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.
Wide ranges were witnessed on porcine bloodmeal (BM), with a...