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 both China and Indonesia was quiet this week. Sources reported interest from China, but at lower prices. With Ramadan in full swing, buyers are out of pocket. Sources have suggested that prices still have some room on the downside when trading resumes.
Trading out of the Australian market was also quiet this week. There are suggestions that the market has some further corrections to the downside given the weaker export market. NZ…