05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Used cooking oil (UCO) prices surged today across the country with strong demand for early 2021 arrival driving prices higher. Values were reported as high as 42 cents delivered for February into the Gulf market. Both the truck and rail markets are very strong. Supply is reported tight and there is continued risk for material availability basis COVID restrictions and restaurant downtimes. Additionally, winter weather typically brings a slower season in terms of waste oil availability as well as collection difficulties.
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