China’s Dec UCO price falls to more than 2-year low on demand slump, EU probe
December 11, 2023 Comments Off
China’s used cooking oil price in December fell to more than a two-year low since March 2021 as lackluster demand from Europe and an ongoing probe into Chinese imports to the EU dented sentiment, trade sources said. The Platts-assessed China UCO declined by more than 50% this month from an 18-month high of $1,627/mt FOB China seen in June 2022…
China’s Dec UCO price falls to more than 2-year low on demand slump, EU probe
China’s used cooking oil price in December fell to more than a two-year low since March 2021 as lackluster demand from Europe and an ongoing probe into Chinese imports to the EU dented sentiment, trade sources said. The Platts-assessed China UCO declined by more than 50% this month from an 18-month high of $1,627/mt FOB China seen in June 2022…
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