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...
There has been more sideways movement this week in the US hide market with a relatively small amount of business reported and prices generally unchanged. Following a round of mostly steady offerings, buyers are being very cautious as they pick through offers, limit volumes and hold fast on price. It is also apparent that producers are not interested in giving any discounts and several sources noted that regular hides cannot be bought for less…