The US animal fats and oils markets were mostly stable to lower on Tuesday December 17, with Gulf markets showing signs of losing some upward momentum.
Prices for used cooking oil (UCO) delivered to the Gulf Coast edged slightly lower to 46.5 cents per lb, easing after several weeks of upward movement driven by greater demand for low-CI material heading into 2025.
Outside the Gulf, sources described the Chicago tallow markets as relatively firm on Tuesday amid tight availability, with year-end approaching, though trade was limited.
December volumes are reportedly “all but gone,” and tight supply conditions are expected to persist due to shortened production weeks in late December, which are likely to reduce weekly yields.
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