From March 2016, Oleochemicals Market Update
Tallow-based. Bleachable fancy tallow pricing has sharply risen since the beginning of the first quarter of 2016 after an extended period of “floor” pricing. The market remains well supplied with standard lead times applying. Demand is seen as steady to soft. Weather, such as El Niño, and possible reduced production rates could influence pricing later in the quarter.
Veg-based. Pricing has risen sharply as expected since early January with the upward trend in commodity prices; however, over supply and weak demand will likely temper market success. The strengthening of the Malaysian ringgit versus the U.S. dollar is also a factor.