UCO Offers Are Higher
UCO offers are higher because of some China shortages, as collecting from pig farms is banned now after the recent swine flu outbreak and exw prices around 4100-4200 and offers above 600/t cif ARA.
Heard a couple of deals at $581/t and $588/t though.
China sellers will soon want to offload any material they have before CNY in early Feb but there’s no real urgency as yet and will probably pick up in Jan.
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