International Animal Fats and Oils 25.01.24
Some volumes of European UCO traded at price levels of €960/mt and over €1,000/mt DDP North-Western Europe. Selling ideas...
The overall market was fairly quiet today in terms of trading. The only price change was a ½ cent move for tallow in the Gulf market, up on indications at 41 cts/lb late yesterday. Offers continue to be heard into the Gulf at higher prices, up to 42 cts/lb delivered.
Bearish clouds are continuing to gather for the nearby market on persistent reports of weak demand and well-bought positions. Planned and unpla...