The European biofuel feedstocks market was mostly quiet, with limited activity reported in the week to Thursday October 17.
Prices for animal fats were broadly unchanged, with sources reporting a lack of buying interest, while producers were said to be holding on to volumes, expecting better price levels while demand returns.
“Category 3 [is] dead, nothing to do. No demand,” a source told Fastmarkets.
Most of the participants polled by Fastmarkets said they expected trade to resume in the first quarter of 2025.
Sources reported prices for Category 3 animal fats with max 15% free fatty acids (FFA) stable in the range of €800-830 per tonne DDP North-West Europe (NWE), while 5% FFA fats were reported at €850-870 per tonne DDP NWE.
Levels for poultry fats were indicated at €1,020-1,050 per tonne DDP for 1-2% FFA and at €850-900 per tonne for 5-8% FFA fats.
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