This launch was intended to add value to the current European animal fats assessment complex and to contribute to overall market transparency in the industry.
The specifications are as follows:
AG-TLW-0039 Category 1 and 2 mixed animal fat, max 30% ffa, ddp Northwest Europe, € per tonne
Quality: Free fatty acids (FFA) max 30%, moisture, impurities and unsaponifiable matter (MIU) max 2%
Quantity: Min 100 tonnes
Location: Northwest Europe
Timing: Shipment within 45 days following date of sale
Unit: € per tonne
Publication: Weekly, Thursday, 4pm London time
This price will be a part of the Fastmarkets Agriculture Oils, Fats and Biofuels Prices and News package.
The first publication of these assessments was scheduled for Thursday January 9.
To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to this price, please contact Veronika Prykhodko by email at: pricing@fastmarkets.com. Please add the subject heading: “FAO: Veronika Prykhodko re: Animal fat price launch.”
Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.
To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology.
