Prices for crude glycerin 80% in the US trended higher in the week to Monday October 14, according to industry participants surveyed by Fastmarkets.
A glycerin buyer reported having purchased several railcars for $0.13 per lb on Monday and said that the outlook for glycerin supply in the first quarter of 2025 is uncertain.
A market seller experiencing production delays said that, if production were up, “I could sell all I produced at $0.13 per lb.” Production at this facility is expected to be back online in a couple of days.
Demand for crude glycerin generally increases as temperatures fall in the winter. Coal mines use glycerin for freeze control purposes, often referred to as freeze control demand.
A glycerin/water mixture of 70/30 can reduce the freezing temperature of water from 0ºC (32ºF) to -40ºC (-40ºF).
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10.14.2024
Crude glycerin 80% prices rise in US on increased demand, supply uncertainty
Prices for crude glycerin 80% in the US trended higher in the week to Monday October 14, according to industry participants surveyed by Fastmarkets.
A glycerin buyer reported...
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