13 June 2013 10:32 [Source: ICIS news]
LONDON (ICIS)--European crude glycerine values have firmed on the back of tight supply, according to ICIS data on Thursday.
Crude glycerine values were assessed at €300-375/tonne ($400-500/tonne) FD (free delivered) NWE (northwest Europe), up by €15-30/tonne from the previous week.
Sources said low levels of European biodiesel production during the first half of the year have resulted in limited by-product crude glycerine supply, exerting upward pressure on prices.
($1 = €0.75)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections