Animal Fats – International

A lack of demand from the Singapore market has weighed on Australian values, both domestic and export. Prices are off by as much as AUS$55 for domestic trading and US$30 for exports. A slowdown in slaughter is likely to stabilize prices in the coming weeks, with less material to sell and tallow reasonably valued versus palm at these levels.

Trading out of the New Zealand market edged lower on the premium grades, but did see higher numbers, in a…