China: UCO Trade Update
Link to report:
The People's Republic of China's exports of used cooking oil (UCO) reached a record high in 2024. The United States was the top export market for China's UCO at 1.27 million metric tons (MMT), up approximately 52 percent from 2023 and accounting for approximately 43 percent of China's total UCO exports. However, China eliminated the 13 percent export tax rebate for UCO on December 1, and December UCO exports dropped by 60 percent month over month.