05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Market Activity & Analysis
As expected, so far this week’s offers were a little smaller with asking prices from steady to slightly higher on a few selections depending on source, position and selection. Activity is fairly subdued with less interest out of China ahead of the China New Year holiday, officially on February 5 but predominantly celebrated for the week. Limited reported sales are mostly steady to slightly higher including packer HTS at $30, BS and CBS at $29…