11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
July 16
Many fresh and salted raw hides are being offered.
Slaughter remains steep, and their fresh raw hides continue valueless, at zero pesos.
Good quality Buenos Aires wet salted heavy steers aren’t in much demand, trading unchanged at about US$0.04 per kg.
With the slowdown in business due to the holidays in Europe over the past few weeks, demand continues to be very weak.
Some tanneries have received a few TR nappa leather for boots orders from the East at about US$1.00 per square foot. Also, some luxury automakers have placed orders for automotive crust leather.
July 9
In June,…