Animal Fats – International

Demand from out of Africa and the Asian sub-continent have helped push export tallow prices as much as US$55 higher over the last week. Local prices are up for the November position as well. Sources reported that sellers are seeing material tighten up due to the lower kill numbers. Buyers had resisted the higher numbers, but the rising palm market and some short covering have combined to push the values higher.

The NZ market saw a mix of…