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…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...