Animal Proteins – International

MBM into China moved up to a range of $500 – 510 CIF this week. Trading into Indonesia is flat in terms of the bulk of trading. Reports have been as low as $470 CIF for material out of the US and as high as $540 CIF for non-US sellers with quicker ship times. Values into the neighboring markets, i.e., Malaysia, Vietnam and Taiwan have been reported at US$405/MT CIF.

Values out of the New Zealand market are higher with China and Indonesia both…