Distillers’ corn oil (DCO) traded lower into Manly, Iowa on Monday October 7, falling by 0.25 cents per lb from the last traded price, the lone report in what was otherwise a very quiet trading day in the US market.
In Europe, sources reported used cooking oil (UCO) trading at $1,000 per tonne CIF Amsterdam-Rotterdam-Antwerp (ARA), with a trade marking a $30-40 per tonne increase from last week’s trades amid higher biofuels prices.
In the European domestic market, offers were heard at €1,000 ($1,098.44) per tonne DDP North-West Europe, while no fresh bids were heard during the day.
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