Permeate
US prices benefit from increasing Asian buyside interest
Europe
Permeate market still feels lifeless
The permeate market lacks activity at the start of the year. Prices for both Western and Eastern EU origins are in the EUR 675-750 ex works range with most trades materializing around EUR 700.
US/APAC
Chinese New Year triggers some more trading activity
US permeate prices increased somewhat to a trading range of USD 550-600 FOB for February arrival. Chinese pork prices appear to have increased due to Chinese New Year purchases in particular.
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