China UCOME prices reach five-month high amid rising feedstock costs, demand

Capt. John

Chinese used cooking oil methyl ester prices reached a five-month high March 14 due to rising feedstock used cooking oil costs while demand has strengthened on seasonality and potential antidumping duties. Platts assessed UCOME at $1,050/mt FOB China on March 14, up 14.43% from $935/mt on Jan. 25,...

https://www.spglobal.com/platts/en/market-insights/latest-news/agriculture/031424-china-ucome-prices-reach-five-month-high-amid-rising-feedstock-costs-demand

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