New Zealand ovine MBM prices supported on active demand

Author: Alexandra Watts

New Zealand ovine MBM prices supported on active demand

New Zealand ovine meat and bone meal (MBM), 55 pro, traded up this week to a range of NZ$1,450-1,525 ($899-946) per tonne, supported by active demand from Europe, according to one market source.

But Indonesian bovine MBM imports traded down to a range of $475-490 per tonne CIF in the week ended Thursday December 18, pressured by slower demand.

Continued w...

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