05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
**Please Note**Lexi Watts was out of the office today on April 28th. For any questions or comments please contact Ryan Standard at 331.276.8227 or [email protected]**
Trading was quiet today with no changes reported. The hide market has been very strong through April as shown in the Jacobsen Hide Index (JHI). Through today, April is at 38.98, up 27 percent from March and up 150 percent from April of 2020. April in on track to the strongest month since June of 2018. A resurgence in demand for leather…