AFPM ’19: US glycerine markets watching Indonesian biodiesel production

Leela Landress


SAN ANTONIO (ICIS)–The US glycerine market is closely watching Indonesian biodiesel production given that a potential ramp up of production rates in that country could push more glycerine volume to US markets, a distributor said on Sunday.

The source was speaking on the sidelines of the International Petrochemical Conference (IPC).

Asian palm oil-producing countries have been accelerating efforts for an increase in their biodiesel blending rates as prices of crude palm oil (CPO) remain soft.

Since 2016, Indonesia has increased its biodiesel mandates from five per cent biodiesel (B5) to B7, and in September 2018 up to B20.

It now aims to raise that to B25 or even jump straight to B30 this year.

Trade discussions in Asia show contrasting opinions regarding a possible biodiesel ramp up.

On the one hand, buyers in southeast Asia expect greater glycerine supply as biodiesel production increases, but many suppliers do not foresee any significant increase in glycerine output, at least not in the near term.

Hosted by the American Fuel & Petrochemical Manufacturers (AFPM), the IPC takes place on 24-26 March in San Antonio, Texas.


ICIS Premium news service

The subscription platform provides access to our full range of breaking news and analysis

Contact us now to find out more

Speak with ICIS

Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. Access to expert insights on the latest industry developments and tracking market changes are vital in making sustainable business decisions.

Want to learn about how we can work together to bring you actionable insight and support your business decisions?

Need Help?

Need Help?