I have read:
ARW needs 80% tallow and the price here is governed by the export price.
The USA prohibits exports of tallow so the Asian price there is not a problem.
New Zealand prohibits the export of tallow so the Asian price there is not a problem.
Australia exports tallow.
Australia imports biodiesel. Repeats australia imports biodiesel.
Correct me if I am wrong in the above.
But as I see it ARW has been dealt bad cards but needs to get off its bottom and deal with it.
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