Trading out of the Australian market was relatively quiet this week for exports, but sources suggested that there may be some smaller shipments trading at a discount. There is some extra material in the Australian market at the moment on strong slaughter, but also due to delays in a renewable demand, and in turn, delayed shipments. The export market was relatively unchanged, although suggestions on price were wide ranging.
Domestic prices were sharply lower, as sellers looked to the interior market as an outlet for the heavy, nearby supply. The low prices are likely to be short-lived, with strong US demand present in the market as well and the startup delays seemingly resolved last week. New Zealand values for export did move lower on backups tied to the unexpected delay in renewable demand.
…
09.13.2024
Haffner Energy to spin off SAF division as independent company
French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.
09.13.2024
Animal fats and oils markets end week stable to lower as SBO, HO continues decline
Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...
09.13.2024
Lackluster trade volume keeps most animal proteins flat
A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...