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 latest data from cargo surveyor Intertek Testing shows that Malaysian palm oil exports continue to narrow. As of the 25th of February, total exports are down 6.65% to 827,273 metric tons. This is 14,705 MT less than what was seen over the same time frame in January and puts total exports for the month to be on track to see their lowest February total in more than five years.
Not all the export news is…