Veronika Prykhodko

Animal fats price updates: Gulf fats trade is mixed and Brazilian tallow prices at all time high. Get the latest news from Fastmarkets.

Key takeaways: Category 3 European animal fat prices fell to €940 per tonne on October 9 down €65 from September 18 as many buyers remain covered into 2026 and spot demand stays limited.

Fastmarkets has expanded its coverage of processed animal proteins (PAPs) by launching new European price assessments for category 3 poultry meal and mixed meat and bone meal, aiming to enhance market transparency and provide essential risk-management tools for participants across the food and feed supply chain.

Key takeaways: Fastmarkets broadened animal protein market PAPs pricing to more regions and products including poultry meal meat and bone meal bloodmeal and fishmeal.

A meeting of the German Federal Cabinet on the implementation of the European Commission's Renewable Energy Directive (RED III) was postponed again on Wednesday, November 12, after having already been pushed back for several weeks, sparking a negative reaction in the European biofuels market.

Key takeaways: Used cooking oil prices in the domestic Chinese market are rising due to strong local demand from sustainable aviation fuel producers.

After a six-month-long period of stagnation and a downward price movement, the European animal fat prices rebounded in early March and continued to move up through April, supported by increased demand and competitiveness against vegoils, which jumped as a result of the war in the Middle East and crude oil rally.

There was a 7.6% year-on-year increase in raw materials availability in 2025, to 18.3 million tonnes, from 17 million tonnes processed in 2024, Dirk Dobbelaere, the secretary general of the European Fat Processors and Renderers Association (EFPRA), said in a market overview presentation during the association's annual congress in Tenerife.