Synthetic Leather Price Index Lower

Synthetic Leather Price Index Lower

The US hide market had limited price changes today. At this time, the jumbo weight category is popular among sellers as hides are becoming heavier. Packers continued to be well sold into December. Jumbo Heavy Native Steers (HNS-J) saw a $0.50 decrease while jumbo Butt Branded Steers (BBS-J) remain unchanged. 


Producer Price Index Crude Petroleum & Synthetic Fibers

The Federal Reserve Economic Data (FRED) released their October 2020 figures for the crude petroleum and synthetic fibers Producer Price Indices (PPI) posting an increase of 14 percent for crude petroleum and a decrease of less than 1 percent for synthetic fibers from the prior month. Since January 2015, the crude petroleum index has fallen 11 percent whereas synthetic fibers have gained 1 percent. However, these commodities have seen dramatic fluctuations over the five years due to factors such as the consistent oil demand but oversupply, the COVID-19 pandemic and the…

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03.28.2024

LCFS credit volumes, average prices move higher

LCFS credit volumes, average prices move higher

**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**

**Bob Lane was out of the office today.**


California low carbon...

03.28.2024

Diverging FOB and delivered markets to close out March

Diverging FOB and delivered markets to close out March

Please note – The Jacobsen will not publish an Animal Fats bulletin on Friday, March 29th in observance of the Good Friday holiday.

Trading was quiet ahead of...

03.28.2024

March monthly averages mixed for animal proteins

March monthly averages mixed for animal proteins

** Please note: The Jacobsen will not publish a bulletin on Friday, April 29 in observance of Good Friday. **

Light trade was reported for the end of...

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