05.16.2024
Animal fat prices steady on limited volume traded
Fastmarkets price assessment for edible tallow, fob Chicago was $52.00 cents per lb on 14 railcars, steady from $52.00 cent per lb on Wednesday May 15.
On Thursday,...
Trading into China was quiet this week with prices suggested at unchanged levels. The Indonesian market continues to sink with trading reported $400 – 420 CIF. Sources have reported that inventories continue to build within Indonesia as sellers, particularly US sellers, are discounting material sharply in order to keep it moving. Buyers have reported that the pace of buying is in a full decrescendo.
Australian prices are lower, reflective of…