Trading in the US market was done at $1.30 and $1.34 this week, pushing the rolling weekly average up to $1.25. Reports out of the EU were quiet this week in terms of document confirmed trades, but reports continue to come in of trading at higher values. Runners into China have been reported in a range of 85 – 100 RMB per 100 meters, which translates to $12.32 – 14.50 per 100 meters in US$. Breaking that down into 18 meters equates to $2.22 – 2.61. With that…
11.19.2024
Glycerin trades for 2025, lack of supply expected to support pricing: sources
Glycerin offers for the first quarter of 2025 have been feeling out the market over the past several weeks. A trader confirmed buying small quantities of 80% crude glycerin...
11.19.2024
US animal fats and oils markets steady; Gulf demand remains strong
The US animal fats and oils markets remained largely steady on Tuesday November 19, with limited trading activity and most market discussions centered around...
11.19.2024
Missouri River bloodmeal prices higher; Mid-South pet food-grade poultry by-product narrows
US animal protein prices were steady to higher on Tuesday November 19.
Fastmarkets assessed meat and bonemeal, ruminant, Missouri River at $250-320 per short ton, steady day on...