Glycerine Prices, markets & analysis
With a network of price reporters across Asia, Europe and the US, ICIS is fully equipped to keep you updated on everything that happens in the global Glycerine market, whether you buy or sell Glycerine or related products.
From daily and weekly reports containing price assessments obtained by our network of local reporters, to the news and analysis that put the market into focus, we provide the tools you need to make confident business decisions.
Our editor gives their expert view
Glycerine overview Transcript
Glycerine is a coproduct of the manufacture of fatty acids and fatty alcohols and also the trans-esterification process of biodiesel. These processes can involve either tallow or fats, which means that the upstream markets for glycerine are just those markets, they’ll be the fats, the oils, and including the biodiesel market where we watch the multi-feed-stock producers.
It’s part of the oleochemicals family that includes fatty acids and fatty alcohols, not biodiesel, that’s not an oleochemical. But it is crude glycerine that is of increasing importance in market in the US and that stems from the biodiesel production.
The uses for glycerine can be food uses, they can be construction uses or they can be agricultural uses. It is a ubiquitous product with over 1,000 end-uses in the markets. It is, in fact, a green product, it is not made through anything using petrochemicals and therefore is increasingly sought after for companies that want to green their profile as the bio-revolution continues in the US.
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Glycerine news and market information products from ICIS
We offer the following regional Glycerine analysis and news coverage to keep you informed of factors and developments affecting prices in the Glycerine marketplace.
Price Reporting – More information about the price reports we publish on Glycerine
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Glycerine
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Glycerine
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Glycerine: Market overview
European glycerine demand is expected to remain flat in the second quarter as many market participants have settled long-term contracts at the end of 2013, although some suggest that buyers will return to the market in the second half of 2014.
In Asia, supply of refined glycerine is expected to be higher if biodiesel production increases. Furthermore, new oleochemical facilities are due to start up by mid-2014.
Demand is expected to be steady from other applications such as the personal care, food and cosmetic sectors. Furthermore, demand may strengthen from applications such as epichlorohydrin because of new plant start-ups in China using glycerine as feedstock.
Second-quarter US refined glycerine negotiations have shown upward movement across the tallow and vegetable tiers but most prices heard are within the ICIS published ranges. Demand in most downstream sectors is described as healthy to strong.
US crude glycerine demand from the de-icing sector has decreased, but some market participants expect snug supply through April. Looking forward, the US crude glycerine market could lengthen despite continued uncertainty over US biodiesel production.
Updated to mid-April 2014
News & analysis
Glycerine news & analysis
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Glycerine is mainly produced as a by-product in soap and oleochemical manufacture, using natural fats and oils as raw materials, or as a by-product of biodiesel production from the transesterification of vegetable oils into methyl esters. Glycerine can also be manufactured synthetically to give a product free of smell or taste.
A major outlet for glycerine is personal and oral care products such as skincare creams, toothpastes and mouth washes. It is used in food products either as glycerine directly or one of its derivatives such as glycerol mono-stearate.
Other uses include tobacco humectant, polyether polyols in polyurethane manufacture, pharmaceuticals, alkyd resins, explosives, plasticisers and lubricants. A growing application is the production of epichlorohydrin (ECH) and propylene glycol (PG).