With the Hong Kong Leather fair about to begin next Monday, the week concluded with a more people thinking the market might be following historical trends of downward price adjustments in the weeks after the show. This week’s low kills in the US continued to help suppliers hold prices despite increased down pressure from buyers.
Prices in general ended mixed but slightly down on average with some steady and some down a dollar or two….
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...