05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Animal Fats – International
Tallow prices rebounded out of the AUS market this week, with export values seeing a boost. NZ trading was lower on 4% BFT. The AUS 4% BFT spread to Malaysian palm stearin was $135 for the month of July, the biggest discount since February of 2015, which was $125 before rebounding through the remainder of the year.
Figure 1.
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