Crude glycerin prices are firming this week according to marketplace participants. The economic slowdown that has plagued China has helped to keep a lid on values, but crude glycerin values have begun to creep higher in recent weeks.
Most traders and producers indicated crude prices are trading in the six to 7.5 cents per pound range. Kosher crude glycerin is being pegged, by most, at exactly eight cents per pound. However, there were a couple producers saying they were offering/trading slightly over that level.
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11.11.2024
Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost
Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more...
11.11.2024
DCO starts the week higher; hog slaughter increases slightly
Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was otherwise a quiet market to start the week.
A...
11.11.2024
US cattle slaughter continues to fall behind 2023 levels
Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.
Cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 625,000...