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.

What to read next
The amendment follows the decision made on May 14, after a consultation period for the proposed changes, which took place between April 2 and May 11. The purpose of the change is to align the publication times to the activity in the relevant markets and ensure that subscribers receive timely and accurate pricing information. The affected […]
The amendment follows the decision made on May 14, after a consultation period for the proposed changes which took place between April 3 and May 11. The changes were first proposed in a pricing note published on April 3.  The purpose of the changes is to align the publication times to the activity in the […]
The price will be published weekly on Friday 5-6pm Shanghai time, instead of 7pm Shanghai time previously. The amendment aims to better reflect the prices of technology and energy metals (TEM) in the Chinese market and ensure that subscribers receive timely and accurate pricing information. The amendment was first announced in a pricing notice published […]
Fastmarkets has launched three weekly wheat freight rate assessments — Ukraine-Egypt, CVB-Egypt and Russia-Saudi Arabia — and has clarified that its existing Black Sea-North Africa freight assessment refers to the Russia-Egypt route and its Black Sea-Persian Gulf assessment refers to the Russia-Iran route. The Russia-Egypt assessment will also transition from Supramax to Handy-sized vessels. All changes are effective Wednesday May 20, 2026.
Egypt is the world’s largest wheat importer, with consumption surpassing 20 million tonnes per year and a persistent structural import gap of approximately 10-13 million tpy despite initiatives to boost domestic production. Egypt also serves as a principal market for Black Sea suppliers, including Russia, Ukraine, Romania and Bulgaria. Until 2025, there was an established […]
Military risks continue to increase pressure on Ukraine’s vegetable oil sector in the 2025/26 season, with the most significant losses concentrated in export infrastructure and logistics, while the effect on overall sunflower oil production remains limited due to substantial excess processing capacity, market participants and local analysts at APK-Inform said.