The price for bleachable fancy tallow (BFT) max 3.5% free fatty acids (FFA), CIF São Paulo, inclusive of 12% tax, was unchanged at 6.20-6.30 Reais ($1-1.02) per kg in the week.
Fastmarkets assessed the price for BFT, max 5% FFA, CIF São Paulo, inclusive of 12% tax, at 6.10-6.20 Reais per kg in the week to Thursday.
At the same time, Brazilian tallow prices for exports, max 15% FFA, FOB Santos were stable at $1,010-1,025 per tonne.
Chinese investigation
The Chinese Ministry of Trade on December 27 opened an investigation into imports of beef from countries exporting to China, including Brazil, its main supplier.
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Renderer BFT prices climb; CWG closes week lower
The US animal fats and oils markets closed the week largely stable on Friday January 3, with the exception of the choice white grease (CWG) and tallow markets.
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US meat meal production in November down year on year: USDA
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