International animal fats and oils, June 6, 2024

International animal fats and oils, June 6, 2024

Despite some reports of weak buying interest for animal fats amid slow biofuels sales in Europe, some trading for Category 3 fats with max 5% free fatty acids (FFA) was reported in a range of €930-960 ($1,012-1,045) per tonne FOB Amsterdam-Rotterdam-Antwerp (ARA), down slightly from the week before.

Prices for edible tallow and lard with max 1.5-2.0% FFA softened slightly to €1,020-1,030 per tonne DDP North-West Europe, while prices for poultry fats with max 2% FFA and 5-7% FFA were reported at €1,030 per tonne and €960 per tonne DDP respectively.

In terms of Category 1 and 2 animal fats, sources quoted max 30% FFA at €700 per tonne DDP and max 20% FFA at €750 per tonne.

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