Prices in the EU jumped as sellers are seeing renewed demand after prices fell to lows in late September. Trading, in terms of US$, has jumped above the FOB Malaysian Palm Stearin price after trading at a discount over the last four weeks. UCO prices are unchanged into Rotterdam this week.
The price of Malaysian Palm Stearin FOB US$ is shown vs. Pure Beef Tallow 10ffa NW EU in US$.
Ryan Standard grew up in a small, rural community in Illinois where his interest in agriculture and economics first began.Read More