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.
Argentina (July 23)
The hide market prices in Argentina continue to decline with wet salted Buenos Aires steer hides at US$1.22 per kg from $1.28 a week ago.
Slaughter is increasing for the current week after the recovery of the lost slaughter volume due to the SENASA (National Service for Agrifood Health and Quality) stoppages of last week.
Leather demand is unchanged with the sector’s upholstery stable. The…