Large Chinese export hide tanners somewhat active in market

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Large Chinese export hide tanners somewhat active in market

Alexandra Watts | 06.21.2024

Hide demand during the week ended Friday June 21 was minimal from low- to mid-sized tanners, whereas larger tanners in the Chinese export market were more active, according to several market participants. US packers aimed to receive flat to last-traded prices, but in most cases received lower-to-flat levels.

Several tanners reported dragging leather demand from brands in the footwear, automotive and furniture leather sectors. An automotive tanner stated that projections through the remainder of 2024 ...

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Weekly US soybean oil exports slide, sales surge

Weekly US soybean oil exports slide, sales surge

US cash vegetable oil prices ended the day and the week little changed on Friday June 21.

Activity...

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Turkish organic corn imports double Argentina’s

Turkish organic corn imports double Argentina’s

Organic corn imports slowed during Q1, in part due to a reduction of Argentine organic corn. Argentina endured...

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US domestic SAF generates record number of RINs in May

US domestic SAF generates record number of RINs in May

Production of sustainable aviation fuel (SAF) in the US domestic market set a new record in May 2024 for...

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Tight supply, limited alternatives drive packer BFT market higher

Tight supply, limited alternatives drive packer BFT market higher

Three cars of packer grade bleachable fancy tallow (BFT) traded up to 51 cents per lb Chicago on Thursday...

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International animal fats and oils, June 20, 2024

International animal fats and oils, June 20, 2024

The European Commission has postponed its announcement of preliminary anti-dumping duties against Chinese biodiesel by one week, with the...

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US ethanol production rebounds; stocks hit 1-month high

US ethanol production rebounds; stocks hit 1-month high

Chicago Mercantile Exchange grain prices fell on Thursday June 20, with the July CME soybean futures contract decreasing by...

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Small volume hide sellers require deposits to ensure shipment

Small volume hide sellers require deposits to ensure shipment

Hide trading was active on Thursday June 20, but of low volume, according to several market participants.

Buyers...

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European tanneries shorten work week due to low production

European tanneries shorten work week due to low production

The Brazilian Congress discussed a potential tax policy change that may limit the ability of exporters and processors to...

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