Crude glycerin values edged higher to begin the week, while the kosher crude and refined markets held steady. Market speculation regarding idling plants and slowing production may have gotten ahead of itself. There are still several plants scaling back, but no confirmation that it is to the extent many market participants were projecting a week or two earlier.
Crude glycerin values FOB Midwest plants were mostly in the seven to eight cents per pound range. Kosher crude pricing remained in the nine to eleven cents range, with quotes scaling higher within the range.
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11.21.2024
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