Limited hide bidding interest; some Chinese tanners engage for discounts
Several hide sellers noted limited bidding interest on Thursday January 30, except for one packer who received strong volume...
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DCO holds firm while animal fats sentiment softens amid market uncertainty
Activity in the US animal fats and oils markets eased on Thursday January 30 as the month neared its end on a more cautious note amid ongoing uncertainty.
Sources noted that while prices showed strong momentum the prior week, margins now appeared to be reaching their limits.
And without movement in renewable identification numbers (RINs) or ultra-low sulfur diesel (ULSD) prices, some suggested that feedstock values may struggle to push higher in the near term, keeping a cap on animal fats prices...
