Exports of palm oil products have slowed and are currently 3% lower than the pace seen through the first 15 days of March. The crude palm oil (CPO) export tariff was reinstated for April after being scrapped from December through March. When prices fall below 2,250 ringgits per ton the tariff can be waived. Pricing had climbed back above that mark and Malaysia boosted the tax to 4.5% for April. However,…
03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...