WASTE - BASED MARKET PERFORMANCE
(Updated June 22)
USED COOKING OILBearish Bullish
ANIMAL FATBearish Bullish
UCOME (RED) price trend FOB Rotterdam
- Backwardation and lack of liquidity on the market
TME (RED) price trend FOB Rotterdam
- Producers are squeezed between the price of tallow cat 1 and the FAME (TME and PFAD) price for the Italian market
PRODUCTION MARGINS: UCO/UCOME AND TALLOW/TME
KEY MARKET DRIVERS
Indicative spot prices (USD per ton) RED FAME 0°C FOB, RED RME -12°C, GASOIL FOB ARA Range.
USED COOKING OIL (RED)
- The UCO bid-ask range remains unchanged
TALLOW CAT 1 (RED)
Slightly bullish price trend on the market
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