Animal Fats

Animal Fats

Market Activity

Four cars of renderer BFT traded at $0.2550 Chicago today. Demand from the chemical sector remains strong and the nearby market appears to be well sold. Prices at the current level should attract some attention from a number of sectors with the current relative price to soybean oil running just above 75%, which is 18 points under the 2015 – 2017 average. Fundamentally, BFT prices should pick up in the coming weeks due to the favorable relative price to bean oil as…

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