Animal Fats – International

Australian fat prices are unchanged this week, but sources are reporting a tenuous export market at the moment with buyers in the driver’s seat. Supplies in the Australian market remain strong as demand is relatively poor. Values into the SEA markets have been reported at sub-US$600 with FOB values in the US$500’s. The exchange rate has kept prices over AUS$700 on the premium grades, but some are soon expecting the…