Animal Fats – International

Trading out of the New Zealand market moved NZ$10 lower for the 1 and 2 acid material and down NZ$30 for 4 and 10 acid material. High temps and some shipping delays have pushed ffas higher and shifter the balance of supply towards the higher acid material, hence the more precipitous drop.

Australian values were unchanged, both for domestic and export trading. Sources have indicated that Singapore is tire kicking for material, which should have…