Argentina (April 16)
Overall sales are still depressed. The European market due to currency devaluation is not a big buyer, Russia is not buying, and China is quite slow. All these factors tend to lower bids on the purchase of raw hides. Wet salted hide prices continue a downward trend by about US 5 cents per kg. at $1.40-$1.60 from $1.45-$1.70 last week.
Argentina is facing cost increases in because of salary…
02.28.2025
Chinese plant begins producing SAF, RD for export to Europe
China-based Jiaao Enprotech began production at its sustainable aviation fuel (SAF) and renewable diesel plant in Lianyungang in Jiangsu province in December, the company told Fastmarkets on Wednesday February...
02.28.2025
CWG bucks the trend in an otherwise sluggish week for fats and oils
After a sluggish week of trading, activity in the US animal fats and oils markets increased at the end of the month, with prices averaging mostly steady to slightly...
02.28.2025
Bloodmeal prices surge through February
Trading in the animal protein market was quiet to close out February with no transactions reported on Friday February 28.
For the week, the market was mostly higher...