Glycerine Prices Slide 1.49% in Late August Amid Co-Product Supply Surge

The U.S. glycerine market experienced a decline in late August, with prices dropping by 1.49% as expanding co-product availability outweighed steady downstream consumption. This shift from firmer conditions observed during early summer marks a significant change in the market's dynamics.

Renewable-diesel and biodiesel operations increased glycerine generation as a co-product, putting pressure on prices. However, export demand provided some support, particularly from Latin America and Southeast Asia, where overseas buying tightened FOB Houston availability.

The feedstock conditions remained mixed, with firmer crude palm oil supporting upstream costs while competitive soybean oil and natural gas economics encouraged processing activity. Higher renewable-fuel production continued to generate additional glycerine co-product volumes.