International Animal Fats and Oils 21.03.24

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International Animal Fats and Oils 21.03.24

Used cooking oil (UCO) trading was active this week, with middle eastern cargoes delivered in flexi-tanks to Amsterdam, Rotterdam, Antwerp, Ghent (ARAG) on a CIF basis trading at $950 per tonne, while some optional origin cargoes traded in the range of $935-945 per tonne on the same basis. European UCO was reported sold at â‚¬1,010 per tonne EXW ARAG for spot delivery.

FOB China values were broadly stable at $850-855 per tonne, with CIF ARAG offers heard at above $960 per tonne depending on freight...

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