US palm oil flips into discount to rising tallow prices
Cash US prices for palm oil and refined palm oil products were higher on Thursday June 20, in step...
The Brazilian Congress discussed a potential tax policy change that may limit the ability of exporters and processors to monetize tax credits, which may decrease demand for Brazilian hides, according to market participants.
Europe
According to market participants, the European hide market remained under pressure during the week ended Thursday June 20. The volume of orders for finished leather did not give any signs of improvement over the prior two weeks, with top-level residential upholstery the exception.
Due to t...