Market sources reported selling ideas for rapeseed oil (RSO) at €860/mt FOB Dutch Mill versus buying interest at €835/mt for January, while February-April levels were firmer at €865/mt versus €851/mt FOB.
For animal fats, edible tallow was priced in the range of €1,050-1,150/mt EXW North-Western Europe, while category 3 tallow prices were relatively stable and reported at €780/mt EXW for 15% free fatty acids (FFA) and at €890-900/mt EXW for 5% FFA, with demand said to be picking up and priced expected to firm.
“With some European slaughter houses still closed and meat prices softening after the holidays season, renderers are not in a hurry to close forward deals for big volumes of animal fats, waiting for the price to stabilize or increase driven by Chinese demand ahead of the Chinese new year,” a Europe-based trader told the Jacobsen.
…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...