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History Suggests Lower Prices, Market Mostly Steady

Alexandra Watts | 09.12.2023

The overall tone of the market was steady today with both buyers and sellers fairly quiet. Edible tallow did trade lower, down to 76.5 Chicago basis today. Bleachable fancy tallow (BFT) was offered out higher, but did not trade as of press time. Used cooking oil was higher into the Northeast and trading was indicated as low as 64 Gulf for nearby material. Offers for October and November were indicated higher, but trading was quiet.

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