Tallow prices moved sharply lower out of the Australian and New Zealand markets this week, following the moves seen in the US market last week. Sources continue to indicate that demand coming from Singapore is slower than expected and a strong slaughter rate is keeping the market well supplied with tallow. Slaughter was down to an estimated 130,933 for last week, in the latest MLA report. The year-on-year slaughter is 42.8 percent higher for the nation.

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