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Palm fatty acid distillate (PFAD), a crude palm oil refining byproduct used in feed, biofuel and soap, has risen sharply since early August 2020. Prices reached $627.5 per tonne FOB Indonesia in early September, up 39% year on year, driven by supply tightness and Indian soap demand.
Higher PFAD prices raise the cost of this palm-derived feed ingredient and reflect broader tightness in palm oil supply, supporting feed cost inputs.
feedstrategy.comAnu DasOct 6, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
