Trading in the US hide market was slow during the week ending Friday July 26, driven by weak consumer demand for leather-containing goods.
An automotive tanner told Fastmarkets that, after several weeks of not buying material, they plan to discuss new purchases for September shipments after the weekend. The tanner expects to buy similar quantities to recently purchased volumes and does not anticipate a significant change in their purchased volumes until 2025.
Other sellers reported there was little interest from buyers, except for material priced lower than previously traded levels.
…
09.13.2024
Haffner Energy to spin off SAF division as independent company
French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.
09.13.2024
Animal fats and oils markets end week stable to lower as SBO, HO continues decline
Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...
09.13.2024
Lackluster trade volume keeps most animal proteins flat
A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...