05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Market Activity
Choice white grease traded in good volume again today. Four rail cars traded at $0.2800 Chicago this afternoon while heavy truck volume moved between $0.2450 – 0.2550 FOB Mo. River. Sources suggested the market was working as low as $0.2400 FOB in trucks.
Tech tallow traded in three cars at $0.3100 Chicago for the nearby position with additional trading done at $0.3150 for April.
Yellow grease was lower out of the IL market, $0.2450 – 0.2500 this…