Palm oil exports are slightly stronger than market expectations, which appear to be helping to buoy prices in an increasingly bearish environment. Malaysia’s exports have been firm during April. Demand for RBD palm olein remains very strong and increased by 111,465 metric tons from April 20th and is 57% stronger month over month. Crude palm oil demand remains weak and only increased by…
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...