Our independent weekly Glycerine reports cover different regions and grades. In Asia, the price assessments are based on spot refined and crude 80% grades, while Europe looks at contract and spot for tallow and vegetable, and crude 80% for spot. Our Latin America report covers spot markets for refined and crude grades, while the US looks at contract and spot for vegetable and tallow, pharmaceutical grade for contract, and crude for spot.
The in-depth global pricing information, supported by high-value news and analysis, allows you to keep abreast of the factors driving the market and make informed business choices.
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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.
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Glycerine: Market overview
Updated to Q2 2017
The European glycerine market is set to be tight in the coming quarter, with availability expected to ease in May or June. With spot prices rocketing in recent weeks, the second quarter contract is expected to mark an increase from the first quarter. Market tightness has been prompted by strong demand from China and slower upstream biodiesel production so far this year.
Asia’s refined glycerine prices may see a further uptrend as lower operating rates in both biodiesel and oleochemical sectors continue to shorten supply. However, lower palm oil prices may see some oleochemical producers in Asia increase their plant utilisation rate and the resulting increase in output may cap the upswing in refined glycerine prices.
Refined glycerine prices in the second quarter are expected to be sharply higher as Chinese demand has pulled down supply out of southeast Asia and the US biodiesel sector has just started to ramp up production. Kosher crude glycerine supply is very low with no availability for spot volumes expected until May. Prospects are looking more optimistic for US glycerine in 2017.
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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).