Animal Fats – International

Strong demand and tight supplies are pushing tallow prices higher in the Australian market. Domestic buyers have paid up AUS$10 – 20 for March material. Exporters are seeing very strong demand from both Singapore and China in the upper US$600 neighborhood.

Trading out of New Zealand is much the same as Australia, tight supplies and strong demand from China and Singapore have pushed values higher.  Prices are up by as much as NZ$90 compared…