The glycerin market has seen a strong rise, with a monthly increase of nearly 10%!

The recent rise in prices for epichlorohydrin, a major downstream product, has boosted bullish sentiment in the glycerin market. Domestic glycerin spot supply is tight, with manufacturers offering price increases. Downstream companies are urgently demanding and sourcing, pushing glycerin prices higher again. As of August 25th, the mainstream transaction price for industrial-grade 99.5% bulk glycerin in East China was 8,800-9,000 yuan/ton, up 800 yuan/ton, or 9.88%, from the previous month. With recent international price rebounds and domestic cost support strengthening, domestic glycerin prices are expected to remain relatively strong in the short term.