Glycerin Prices Edge Higher to Start the Week

Glycerin Prices Edge Higher to Start the Week

Glycerin pricing has been stable and reports this week show prices rising slightly. The market has a history of volatility due in part to demand side economic highs and lows at home and in the export market, and to chaotic supply side issues with biodiesel production.

Biodiesel provides a steady supply of glycerin; every 100 pounds of biodiesel leads to 10 pounds of glycerol. Last year’s resurgence/renaissance in biodiesel production led to increased glycerin supply.

The market began to see a change in Q3/Q4 as margins began to decline. Biodiesel production slowed, as did glycerin supply. Prices started rising and there may have been an uptick in demand from the coal freeze industry.

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04.19.2024

Reduced March RIN production not leading to higher RIN Prices

Reduced March RIN production not leading to higher RIN Prices

Total March biofuel RIN production was 1.9 billion RINs, which was 6% below February and 15% below December’s RIN output of 2.25 billion. December had the largest monthly production...

04.19.2024

CWG, YG higher on week, UCO, DCO down again

CWG, YG higher on week, UCO, DCO down again

The market was quiet heading into the weekend. Used cooking oil (UCO) traded in large volume into the Gulf at 40 cents per lb delivered in the truck market.

04.19.2024

Price pressure on ruminant and porcine items for the week

Price pressure on ruminant and porcine items for the week

Sloppy markets were reported for porcine and ruminant items at the close of week ending Friday April 19.

Wide ranges were witnessed on porcine bloodmeal (BM), with a...

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