Fat prices out of Australia were steady this week. Values out of the New Zealand market were off by NZ$5 – 10 compared to last week basis lower palm stearin values. Malaysian palm stearin values are off by 6.8% over the last four weeks. Despite the headwinds sellers are seeing from the palm markets, slower holiday production and strong demand from both China and Singapore could give prices a boost in the coming weeks.
EU prices are steady for…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...