Animal Fats – International

Australian fat prices are unchanged this week, both for the domestic and export markets. Sellers are seeing good demand from China and Singapore, which could move values higher in the near term. A similar demand pattern is present for material from New Zealand, which is seeing tighter supplies and in turn higher prices.

EU tallow prices moved higher this week, reversing a downward trend that had been in place to close 2018. A surging palm market…