Animal Fats – International

Palm stearin prices are up 17.5% over the last four weeks, which has helped push additional demand into the tallow markets. Trading out of the Australian market was unchanged, but sellers in New Zealand have seen prices rise by NZ$45 – 50 compared to last week. Sources have reported interest from China, but buyers in Singapore are paying up to buy in material before Chinese buyers have chance to pull the trigger on purchases.  Limited production in…