05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Trading into the Indonesian market moved lower this week, $400 – 410. Buyers in Indonesia are well supplied and some feed users have switched to a cheaper feed mix of supplemented soybean meal at sub – $390/MT numbers. Trading into Vietnam and Malaysia has been reported at $370/MT CIF. Sellers have seen demand pull back from the Vietnam market which has pressured the interior Australian market lower.
Aussie values were done A$460 – 480 for…