International animal fats and oils, May 16 2024

International animal fats and oils, May 16 2024

Market sources also reported that UCO traded at €1,065 per tonne on a DDP France basis, while deals for imported UCO were heard at $975 per tonne CIF Rotterdam, for delivery in ISO tanks.

Prices for Asia-origin UCO were stable in the range of $850-865 per tonne FOB China. High freight rates around $150-170 per tonne for container shipment deliveries from Asia to Europe were urging European importers to turn to alternative origins, including Middle Eastern and North African UCO.

In the vegetable oils market, prices for rapeseed oil (RSO) moved upward during the week then settled slightly below last week’s indications, with August-October offers heard at €952 per tonne FOB Dutch mill. This was down by €8 per tonne week on week, against buying interest at €949 per tonne, which was €6 per tonne below the previous week’s level.

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

06.24.2024

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Stable biodiesel production leaves supply, prices unchanged in crude glycerin market

Glycerin prices held steady on Monday June 24, with producers and traders reporting little change to begin the week.

Crude glycerin traders were quoting the market in the...

06.24.2024

Cattle slaughter continues to lag 2022, 2023 levels

Cattle slaughter continues to lag 2022, 2023 levels

Six cars of technical tallow traded at 54 cents per lb Chicago on Monday June 24, and separately two cars of edible tallow traded up to 56 cents per...

06.24.2024

Hog slaughter slightly higher into July; May cattle placed on feed higher

Hog slaughter slightly higher into July; May cattle placed on feed higher

The US domestic protein market was quiet on Monday June 24, with no price changes reported.

US hog slaughter
Fastmarkets’ research team forecasts hog slaughter at 2.38 million...

Latest Tweets