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...
The hide market picked up some steam toward the end of the week with Asia buyers beginning to return from the Lunar New holiday. While some of the bids were too low for suppliers to take, some buyers stepped up to the plate and paid steady prices—and a little more on very limited select items. Included were sales for BBS at $104 and HNS at $105. There was also good news at the beginning of the week with the announcement of the agreement…