Glycerin values remain stable this week. Crude glycerin continues to be in the nine to 11 cents range, with most reported trades averaging near 10 cents. Vertically integrated producers are operating at optimum levels and are reporting very strong demand for biodiesel. Glycerin refiners quote “tight availability” with very limited spot market presence. Refined market quotes reflect wide spreads in availability due to timing and limited supply for spot material. Refined spot veg glycerin is seen in the 47 to 54 cents range with refined tallow 46 to 50 cents per pound range.
China is reported as price driver in both the crude and refined markets. Recent demand from China in the crude glycerin market has been very supportive for prices but may have “reached an inflection point where pet-chem becomes a more economical alternative,” according to one market participant.
There are market…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...