Clarification of European animal fats price specifications

Fastmarkets wishes to clarify the specifications for its European animal fats price assessments.

This is intended to give more transparency on these assessments, including the following prices:

AG-TLW-0024 Edible beef tallow, 2% FFA, 99%, DDP North-West Europe, € per mt
Quality: Free fatty acids (FFA) max. 2%, moisture, impurities and unsaponifiable matter (MIU) max 1%, purity min 99%, RED-compliant
Quantity: 100-1,000 tonnes
Location: North-West Europe
Timing: Shipment within the next 45 days from the assessment day
Unit: € per tonne
Publication: Weekly. Thursday, 4pm London time.

AG-TLW-0025 Edible lard, 1.5% FFA, 99%, DDP North-West Europe, € per mt
Quality: Free fatty acids (FFA) max. 1.5%, moisture, impurities and unsaponifiable matter (MIU) max 1%, purity min 99%, RED-compliant
Quantity: 100-1,000 tonnes
Location: North-West Europe
Timing: Shipment within the next 45 days from the assessment day
Unit: € per tonne
Publication: Weekly. Thursday, 4pm London time.

AG-TLW-0028 Category 3 bone fat, high grade, 5% FFA, 98%, max 200 ppm polyethylene, DDP North-West Europe, € per tonne
Quality: Free fatty acids (FFA) max. 5%, moisture, impurities and unsaponifiable matter (MIU) max 2%, purity min 98%, polyethylene max 200 ppm, RED-compliant
Quantity: 100-1,000 tonnes
Location: North-West Europe
Timing: Shipment within the next 45 days from the assessment day
Unit: € per tonne
Publication: Weekly. Thursday, 4pm London time.

AG-TLW-0027 Category 3 bone fat, low grade, 5% FFA, 98%, DDP North-West Europe, € per tonne
Quality: Free fatty acids (FFA) max. 5%, moisture, impurities and unsaponifiable matter (MIU) max 2%, purity min 98%, RED-compliant
Quantity: 100-1,000 tonnes
Location: North-West Europe
Timing: Shipment within the next 45 days from the assessment day
Unit: € per tonne
Publication: Weekly. Thursday, 4pm London time.

AG-TLW-0029 Category 3 pure beef tallow, 10% FFA, 99%, DDP North-West Europe, € per tonne
Quality: Free fatty acids (FFA) max. 10%, moisture, impurities and unsaponifiable matter (MIU) max 1%, purity min 99%, RED-compliant
Quantity: 100-1,000 tonnes
Location: North-West Europe
Timing: Shipment within the next 45 days from the assessment day
Unit: € per tonne
Publication: Weekly. Thursday, 4pm London time.

AG-TLW-0026 Category 3 mixed animal fat, 15% FFA, 97%, DDP North-West Europe, € per tonne
Quality: Free fatty acids (FFA) max. 15%, moisture, impurities and unsaponifiable matter (MIU) max 3%, purity min 97%, RED-compliant
Quantity: 100-1,000 tonnes
Location: North-West Europe
Timing: Shipment within the next 45 days from the assessment day
Unit: € per tonne
Publication: Weekly. Thursday, 4pm London time.

These prices are part of the Fastmarkets Agriculture package.

To provide feedback on this clarification of the Fastmarkets European animal fats price assessments methodology, please contact Veronika Prykhodko by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Veronika Prykhodko, re: European animal fats.”

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.

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