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…
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...