Malaysian palm oil exports of 508,960 metric tons are 17.6% less than what was seen over the first 15 days of May and are 10% less than the 566,212 MT shipped over the first 15 days of June 2016. With the exception of the lesser traded RBD palm stearin, refined product demand dipped sharply. RBD palm olein and palm oil exports fell 66,072 MT month over month, while RBD palm stearin demand increased by 13,765 MT. Demand for…
11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...