The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are unwilling to commit to production amid economic and policy uncertainty, leaving questions about glycerin supply as the market heads into the fourth quarter.
One producer said they are not having trouble selling crude glycerin at 11-12 cents per lb this week, up from 8 cents per lb a few weeks earlier.
Crude glycerin buyers have been looking to lock in fourth-quarter volumes, but they are being met with resistance from producers who are unable to commit to extended volumes due to poor economics and a lack of policy directives regarding the 45Z producer tax credit.
…
11.20.2024
Biodiesel supply tightens heading into the new year
Producers, blenders and fuel suppliers are reporting a slowdown in trading this week. A Fastmarkets survey of participants showed that overall sentiment has the market slowing ahead of...
11.20.2024
California UCO prices climb; DCO production eases slightly from record high
US animal fats and oils prices showed mixed trends on Wednesday November 20, with most market activity concentrated in the Gulf and West Coasts.
11.20.2024
US animal proteins steady; avian flu in birds increases in fourth quarter
US animal protein prices were steady on Wednesday November 20. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving weekend starting on Thursday...