The Jacobsen’s weekly survey of the glycerin market found little change from the week prior. One buyer noted it has been “eerily quiet lately, but I’m was not having any problem purchasing material.”
Crude glycerin reporting is holding within last week’s parameters, at this point. Market uncertainty continues and questions continue to circle around renewable diesel production and margins.
Continued strength in domestic renewable diesel output, like the market witnessed in December, could threaten glycerin supply, given glycerin is a byproduct of biodiesel production. Domestic renewable diesel blending reached 273 million gallons during December, not only marking a record monthly high for 2023, but a monthly all-time. If RD production continues at this pace, it may pose problems for biodiesel producers and glycerin supply.
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02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...