The excitement that had seemingly begun swirling in the glycerin market several weeks back has apparently faded or at least paused. Pricing is flat to slightly lower to begin the week.
Market participants view glycerin values as holding steady with little to no interest to produce a change in current levels. Several people have mentioned that to get product moved, one might have to sell at a lower price to incentivize the buyer.
January domestic biodiesel production was 10 percent below December production, reducing the supply of glycerin in the market. While February’s domestic production is not currently known, it is suspected to be lower once again.
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12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
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US animal fats and oils end week softer across the board ahead of holiday slowdown
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December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...