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.
…
09.18.2024
Waste plastic can improve SAF without increasing pollution, study says
Waste plastic can be used to improve sustainable aviation fuel (SAF), according to research announced on Monday September 16 by the Prairie Research Institute at the University of Illinois...
09.18.2024
US animal fats, oils prices mixed as DCO production hits 2-month low
US animal fats and oils markets saw mixed price movements on Wednesday September 18, with Gulf Coast markets firming as distillers’ corn oil (DCO) production levels dropped to a...
09.18.2024
US animal proteins prices steady; potential port strike could affect stocks, prices, sources say
US animal proteins markets were steady on Wednesday September 18.
Bloodmeal prices were reported to be flat day on day, though market sources continue to indicate underlying pressure, saying that...