US glycerin prices mostly steady amid increasing biodiesel production

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US glycerin prices mostly steady amid increasing biodiesel production

Glycerin prices in the US were steady to slightly lower on Monday May 13. US biodiesel production has been increasing, boosting the supply of glycerin — a co-product of biodiesel output — in the Midwest.

On the West Coast, there is a shortage of crude glycerin, which has been supporting prices.

US Midwest glycerin prices have been fluctuating in the range of 5-8 cents per lb. Producers with limited storage and strong production have had to sell glycerin at a discount to...

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