Another week of increase in beef tallow prices in Brazil

Published 2020년 10월 7일

Tridge summary

The price of beef tallow in the biodiesel market has seen an increase due to the demand for soybean oil and the production of hygiene products related to the pandemic. A survey by Scot Consultoria shows a 6.3% increase in the price of tallow in Rio Grande do Sul and Central Brazil, with the current average price being R $ 5.90 and R $ 5.88 per kg respectively, both before taxes. The market outlook for the short term suggests continued price hikes due to competition for the raw material.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The appreciation of soybean oil contributed to the greater demand for beef tallow in the production of biodiesel. On the other hand, the pandemic contributed to an increase in the production of hygiene products, factors that explain this scenario of firm prices in the tallow market. According to a survey by Scot Consultoria, in Rio Grande do Sul, the product increased by 6.3% in seven days and is quoted, on average, at R $ 5.90 / kg, free of taxes. In Central Brazil, the product is quoted, on average, at ...

Source: Portal Do Agronegocio