International Animal Fats and Oils 01.02.24

International Animal Fats and Oils 01.02.24

UCO was reported traded at $920/mt CIF Amsterdam, Rotterdam, Antwerp (ARA) for delivery in ISO tanks, while flexi-tank deliveries were indicated in the price range of $880-900/mt CIF.

Spot indications for European UCO softened to €920-960/mt DDP North-Western Europe, with the best offer heard at around €940/mt but no firm buying interest quoted against it. Prices for March-April remained firm at around €1,000-1,050/mt DDP.

Rapeseed oil (RSO) selling indications for nearby loading in February-March were unchanged at €855-860/mt FOB Dutch Mill, while buying interest softened to €815-825/mt. Ideas for April were seen a touch higher at €865/mt versus €835/mt FOB.

Animal fats prices were also stable, with category 3 15% free fatty acids (FFA) tallow unchanged at €770-800/mt EXW North-West Europe, while 5% FFA tallow was quoted in a wide range of €890-945/mt EXW depending on quality. 
 

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

09.06.2024

Signs of US economic downturn send ULSD prices to 3-year low

Signs of US economic downturn send ULSD prices to 3-year low

Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...

09.06.2024

US fat market slides on pressure from soybean oil, energy complex

US fat market slides on pressure from soybean oil, energy complex

Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...

09.06.2024

Sluggish trade volume keeps weekly animal protein prices flat

Sluggish trade volume keeps weekly animal protein prices flat

US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.

Weekly wrap-up
Prices for US animal proteins were little...

Latest Tweets