glycerine Pricing Assessment

Name: Glycerine Price Trend, Analysis and Forecast
Creator: PriceWatch
Published: 2025-02-11T13:03:21+00:00
License: https://www.price-watch.ai/privacy-policy/

Markets Covered:

Indonesia

Malaysia

United States

China

India

Netherlands

Thailand

Germany

Glycerine Price Trend, Analysis and Forecast

In the first quarter of 2024, glycerin prices in Indonesia had reached USD 356 per metric ton, reflecting a notable increase due to production disruptions in key manufacturing regions. Extreme weather and logistical issues had significantly impacted glycerin production, leading to a drop in overall output by 2 million metric tons. Prices had been further buoyed by strong demand from essential sectors, particularly in the food and personal care industries. Meanwhile, the biodiesel sector experienced a slight 1.5% decline in demand due to shifting energy policies and a move towards alternative fuels. However, the glycerin market faced tight supply and rising prices during those first three months.

In the first half of Q2 2024, the glycerin market continued to struggle with ongoing production challenges caused by extreme weather and logistical disruptions. Prices had continued to rise as production constraints persisted. Despite these issues, demand from the food and personal care industries had remained robust, with a 5% increase in consumption of glycerin-based products. By May 2024, glycerin prices had begun to stabilize as supply dynamics improved in the manufacturing market, easing some pressure on prices.

In the third quarter of 2024, glycerin prices have faced upward pressure due to a tight supply situation combined with steady demand from various industries. The market has remained sensitive to global supply chain disruptions, including transportation and export restrictions.

As of August 2024, glycerin prices have experienced notable fluctuations, averaging around USD 695 per metric ton, which has marked a 6% increase from the previous quarter. This rise in prices has been driven by tight supply conditions and robust demand from key sectors, reflecting the ongoing dynamics in the market.

Looking ahead to the fourth quarter of 2024 and beyond, there are expectations for a partial recovery in production as weather conditions stabilize and labour issues are addressed. However, the glycerin market is likely to remain volatile through 2030, influenced by ongoing climate change impacts, changes in trade policies, and evolving consumer preferences toward sustainable and alternative products.

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is your trusted resource for tracking global glycerine price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the glycerine market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

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Track 's glycerine price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in glycerine prices

COVID-19 Pandemic (2020-2022)

The pandemic triggered an unprecedented surge in demand for glycerin, particularly as a key ingredient in hand sanitizers and disinfectants. With the global emphasis on hygiene, manufacturers ramped up production, causing glycerin prices to rise sharply. The increased demand was so substantial that it strained supply chains, leading to temporary shortages and heightened competition among buyers.

Environmental Regulations and Sustainability Concerns (2020-2023)

As environmental regulations became more stringent, particularly in the European Union, there was a shift toward more sustainable alternatives to glycerin. Consumers and manufacturers began favoring plant-based and bio-based products. This shift decreased the demand for conventional glycerin, as businesses sought to align with sustainability goals and regulations. The market started adapting, with producers exploring greener methods of glycerin production to meet changing consumer preferences.

Trade Tensions and Export Restrictions (2021-2022)

Geopolitical issues and trade tensions, particularly between major producers, created uncertainty in the glycerin market. For example, export restrictions from key glycerin-producing countries led to supply constraints but did not significantly alter overall demand. Industries that relied on glycerin for essential products continued to maintain stable demand levels, as glycerin is a critical component in many applications, including food processing and personal care.

Technological Advancements (2020-Present)

Advances in glycerin production technologies and the development of synthetic glycerin sources have the potential to disrupt traditional glycerin markets. For example, new extraction methods could lower production costs and increase efficiency. If these innovations lead to more widespread use of glycerin in emerging applications, such as bioplastics or pharmaceuticals, it could stabilize or even boost demand.

Global Economic Shifts (2021-2023)

As the world recovered from the pandemic, economic conditions fluctuated. While some industries rebounded quickly, such as personal care and cleaning products, others lagged behind, creating variable demand patterns for glycerin. Economic uncertainties, inflation, and changing consumer behaviors influenced purchasing decisions, leading to a mixed impact on glycerin prices.

Methodology and Specifications

glycerine Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major glycerine production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire glycerine supply chain, from raw material to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts and trade disputes, that can significantly influence glycerin prices. Our analysis includes potential disruptions to supply chains, assessing both immediate impacts and long-term effects on pricing dynamics. For instance, trade restrictions in key glycerin-producing regions may lead to shortages and price spikes.

Natural Disasters and Climate Events: We evaluate the impact of natural disasters, including hurricanes and droughts, on glycerin production facilities and raw material sources. Events affecting major production areas, such as the U.S. Gulf Coast or Southeast Asia, are closely tracked. These disruptions are integrated into our price forecasts and supply outlooks, helping stakeholders prepare for potential market volatility.

Economic Shifts: PriceWatch assesses macroeconomic trends, such as global economic growth, inflation rates, and sector-specific demand (e.g., pharmaceuticals, cosmetics, food), to anticipate shifts in glycerin demand and corresponding price movements. By analyzing these economic indicators, we provide insights into how fluctuations in the economy may affect glycerin consumption across various industries.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global glycerine production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming glycerine production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global glycerine pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast glycerine prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable glycerine pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

92.09

CAS No

56-81-5

HS Code

29054500

Molecular Formula

C3H8O3

glycerine

Glycerine, also known as glycerol, is a colorless, odorless, and viscous liquid with a sweet taste. It is a byproduct of soap manufacturing and biodiesel production, obtained through the hydrolysis of fats and oils. Glycerine consists of three hydroxyl groups, making it hygroscopic and highly effective in moisture retention. It is widely used in pharmaceuticals, cosmetics, food production, and personal care products due to its humectant properties, helping to retain moisture and improve skin texture. Major producers of glycerine include companies like Procter & Gamble, Dow Chemical, and Wilmar International. The production process typically involves refining crude glycerine obtained from animal fats or vegetable oils, followed by distillation and purification to achieve pharmaceutical-grade quality, suitable for various industrial applications.

Packaging Type

Flexi Bag

Grades Covered

Refined, Crude.

Incoterms Used

FOB Jakarta, FOB Klang, CIF Qingdao, CIF Laem Chabang, CIF JNPT, CIF Houston, FOB Rotterdam, FD Hamburg.

Synonym

Glycerol

Quotation Terms:

20-25 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Refined Glycerine Table

Properties	Specification
Characters/Appearance	Clear, Colorless
Glycerine Content (%wt)	99.5 min
Density (@20C)	1.260-1.263
Refractive index (@20C)	1.470-1.475
Water Content (%wt)	0.5 max
Sulphated ash (%wt)	0.01 max
Ester Index (ml 0.1N HCl/25g)	8 min
Chlorides (ppm V)	10 max
Total Heavy metals (ppm as Pb)	5 max
Halogenated compounds (ppm as Cl)	35 max
Acidity and alkalinity (ml 0.1NaOH/25g)	0.2 max
Aldehyde (ppm)	10 max
Color Index (APHA)	5 max
Sugars	Negative
Identification (A&B)	Pass
Impurities A & related substances	Pass

Crude Glycerine Table

Properties	Specification
ODOR	Light musty odor.
APPEARANCE	Light to dark yellow liquid
FLASH POINT	>193°C (380°F)
VAPOR PRESSURE	<1mmHg
VAPOR DENSITY	3.17 (Air = 1)
BOILING POINT	108°C (226°F)
FREEZING POINT	18°C (64°F)
SOLUBILITY IN WATER	Miscible in water.
SPECIFIC Density	1.25

Applications

Glycerin, a versatile liquid, finds applications in various industries. It’s used in personal care products like moisturizers and soaps due to its humectant properties. In the pharmaceutical industry, glycerin serves as a solvent and base for medications. The food industry uses it as a sweetener and preservative. Glycerin also has industrial applications in plastics, textiles, and explosives. Additionally, it’s used in ink, cosmetics, and animal feed. Its versatility and properties make glycerin a valuable ingredient across numerous products.

Disclaimer

Glycerine price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for glycerine. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors influence the pricing of glycerin? +

The pricing of glycerin is influenced by several key factors, including global demand and supply dynamics, production costs, and the availability of raw materials. Fluctuations in the prices of feedstocks, such as vegetable oils and biodiesel, directly impact glycerin pricing. Additionally, market demand from industries like cosmetics, pharmaceuticals, and food can drive prices up or down. Geopolitical events, trade policies, and regulatory changes in major producing regions also play a significant role in determining glycerin prices. Understanding these factors is essential for procurement heads to make informed purchasing decisions.

How can procurement heads forecast glycerin price trends? +

Procurement heads can forecast glycerin price trends by analyzing historical pricing data and monitoring the global supply and demand landscape. Engaging with market analysis reports, tracking feedstock prices, and assessing external influences such as currency fluctuations and geopolitical developments are vital. Collaborating with industry experts and leveraging predictive analytics can enhance the accuracy of forecasts. This proactive approach enables better planning and budgeting in procurement strategies.

What are the implications of sustainability on glycerin pricing? +

Sustainability considerations can significantly impact glycerin pricing. As consumer demand for environmentally friendly and ethically sourced products grows, glycerin produced from sustainable feedstocks may command a premium price. For procurement heads, understanding the implications of sustainability practices is crucial. While the initial costs might be higher, sourcing sustainable glycerin can enhance brand reputation and align with corporate social responsibility goals. It can also open up new market opportunities, making it a strategic investment in the long run.