The US animal fats and oils markets opened the week on Monday February 10 on a quiet note, with prices holding steady despite discussions of continued strength and stability.
No confirmed trades emerged before market close, though choice white grease (CWG) and yellow grease prices in the FOB Missouri River market were talked higher throughout the day.
Outside the US, European used cooking oil (UCO) trading was also slow on Monday, with sources reporting only one trade — a CIF Amsterdam-Rotterdam-Antwerp (ARA) deal at €1,110 ($1,144) per tonne for ISO-tank delivery. By contrast, Friday February 7 had a few trades on the same basis, with prices at $1,130 per tonne and $1,110 per tonne.
On a DDP North-West Europe (NWE) basis, no additional trades were reported. The Chinese-origin UCO market remained inactive, with no bids, offers, or trades recorded.
The lack of engagement underscored a notably quiet start to the week.
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