The Market For UCOME Continues To Be Bearish

The market continues to be bearish, there is still no demand for UCOME and the most important is the value of FAME 0 ° C (a biodiesel reference) that does not manage to increase for months now. 

The market should stay like this during the winter, DEC / JAN hoping that the trend will reverse in February but nothing really certain today. In Europe, no more buying in UCO, today there are offers at 570usd but no purchase. 

Buyers are expected to revive around 540usd CIF Spain / Rotterdam.


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