Gulf palm oil, olein prices flat to down, but retain premium to fats
Spot prices for US Gulf palm oil and olein were flat to lower during the pricing session on Friday...
Steer hide prices softened on Friday September 13, according to a few processors and traders. The price decreases were due to continuous and widespread downward pressure on prices by Chinese buyers, sources said. The sellers who traded at the decreased levels had building inventory from a slower week of hide trading during the week prior.
A few packers said they refused the lower bids because they held well-sold positions from sales during the All-China Leather Exhibition (ACLE). But a few sources reported hearing...