Choice White Grease Prices Continue to Trend Higher
The tallow market was quiet today with no changes reported ahead of publication. Choice white grease did trade higher...
Glycerin values are holding mostly steady again this week. Prices have been slowly rising since the second quarter of the year. Domestic biodiesel production was much stronger, especially across the first quarter, which helped to inflate inventory levels. Demand for glycerin has been soft in Asia, and Europe has been seen working through many of the same demand issues seen domestically in the U.S.
Crude glycerin prices are starting to firm according to several traders speaking with The Jacobsen. Therefore, we...