The fat market was quiet on Tuesday September 3 to start the new trading week and month.
A bid/offer spread was heard into the US Gulf market at 46-48 cents per lb delivered for distiller’s corn oil, but no trading was reported.
In Europe, a trade was reported for used cooking oil (UCO) at €840 ($929) per tonne DDP North-West Europe, with the free fatty acid (FFA) levels said to be a maximum of 10%, which influenced the price.
More trading was heard done for South American UCO around $1,020 per tonne for delivery to Italy in ISO tanks.
Prices for palm oil mill effluent (POME) were heard at $880-900 per tonne versus $850 per tonne on a CIF Amsterdam-Rotterdam-Antwerp (ARA) basis.
The Energy Information Administration (EIA) released biofuel capacity and feedstock usage on Friday afternoon, showing a record high feedstock consumption for June.
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11.26.2024
Biomass-based diesel market quiet ahead of US holiday
Biomass-based diesel markets were quiet on Tuesday November 26 ahead of the US Thanksgiving holiday.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.26.2024
BFT prices climb as some DCO markets trend lower
Bleachable fancy tallow (BFT) prices rose again on Tuesday November 26 during another relatively quiet trade session while the market slows ahead of the Thanksgiving holiday in the US.
11.26.2024
Sluggish trade ahead of Thanksgiving; October broiler slaughter well above 2023
Trade values below the current ranges were indicated on meat and bonemeal, although reported trades were still rangebound on the day.
Fastmarkets assessed the price of poultry by-product...