01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
Glycerin offers for the first quarter of 2025 have been feeling out the market over the past several weeks. A trader confirmed buying small quantities of 80% crude glycerin and refined glycerin for the first quarter from an integrated producer. Generally, producers would be contracting first-quarter volumes by now.
“I have a significant amount of volume to buy for Q1 but was able to put on a couple small positions just above current market pricing,” the glycerin trader said.
A Fastmarkets survey of market participants showed 80% crude glycerin remained in the range of $0.11-0.15 per lb, with a larger portion of the trade falling within $0.13-0.15 per lb this week compared with last week.
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