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Tanners in Hebei Province drastically slow hide demand

Alexandra Watts | 04.05.2024

Market Update

The week closed with limited closed trades today, but several sellers expect more business over the weekend due to the high number of bids that they received.

Regular weight Butt Branded Steer (BBS) hides were reported $0.50/piece lower than yesterday’s trades for both packer and processor material. A few packers offered BBS hides, as well as other steer selections, at lower than current market price levels in large volumes.

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05.16.2024

Animal fat prices steady on limited volume traded

Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.

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Animal protein prices were steady on Thursday May 16.

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International animal fats and oils, May 16 2024

Market sources also reported that UCO traded at €1,065 per tonne on a DDP France basis, while deals for imported UCO were heard at $975 per tonne CIF Rotterdam,...

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Tanners in Hebei Province drastically slow hide demand

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