This chart shows Glycerol price assessments in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:
- Glycerol, US (United States): Glycerol, import transaction price, cif, United States
- Glycerol, EUR (Europe): Glycerol, export transaction price, fob, Germany
- Glycerol, CN (China): Glycerol, import transaction price, cif, China
- Glycerol, SEA (Southeast Asia): Glycerol, export transaction price, fob, Indonesia
- Glycerol, SAM (South America): Glycerol, export transaction price, fob, Brazil
The chart above is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Glycerol.
Data Use
Glycerol prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide.
Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies.
This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology.
Data Delivery Methods
Glycerol price assessments are available via different delivery methods:
- Online charts
- Directly into Excel (using Intratec Add-in)
- Power BI dashboards
- Web API (to facilitate integration with existing workflows)
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Glycerol Price Outlook
Glycerol Price Outlook. The price of Glycerol (United States) increased during June 2020 to 821 USD per metric ton, which represents a considerable rise of 27% compared to the previous month’s value. On a year-over-year basis, the prices of Glycerol (United States) increased significantly by 7%. Meanwhile, the average price of Glycerol (China) amounted to 571 USD per metric ton, from 558 USD per metric ton one year earlier. On a month-over-month basis, the price of Glycerol (China) is 11% higher than the price one month before.
The price of Glycerol (Southeast Asia) rose considerably throughout June 2020, reaching 671 USD per metric ton. The price is 19% higher than the average price in the previous month and 40% higher than the average price one year before. In contrast, the prices of Glycerol (Europe) decreased during June 2020, reaching 945 USD per metric ton, which means a decline of 6% from the previous month’s price and a rise of 10% from the previous year’s price.
The prices of Glycerol (South America) experienced a significant rise of 138 USD per metric ton from the prior month's price, to 552 USD per metric ton. Such price movement meant a rise of 33% on a monthly basis and a rise of 22% on a yearly basis.
About Glycerol
About Glycerol. Glycerol, classified as a trihydroxy alcohol, is a colorless and odorless viscous liquid known for its sweet taste. Its three hydroxyl groups contribute to its water and alcohol solubility, as well as its ability to interact with various organic solvents due to its hygroscopic properties. This compound has extensive applications in the food, cosmetic, and pharmaceutical sectors.
Glycerol is a versatile compound with diverse applications due to its unique properties. Predominantly, global production sources from natural oils or fats, being about 10% via a synthetic route from propylene. Its multifunctionality, including water solubility and biodegradability, has led to thousands of different uses. Despite its widespread application, Glycerol prices are volatile, leading to occasional substitution with alternatives like glycols and sorbitol. In addition, Glycerol production does not follow its demand, consistently exceeding it, a trend exacerbated by biodiesel production.
Glycerol Handling. Pure Glycerol should be stored in stainless steel or pure aluminum containers. Crude glycerol can be stored in mild steel tanks or drums since the refining process will remove impurities. Exposure to moisture should be avoided. Glycerol is shipped in tank trucks, containers, and drums. The tank trucks and containers are usually made of stainless steel. Galvanized or resin-coated steel as well as plastic is used for drums.
Glycerol Production. Raw materials and the respective production processes employed in the manufacturing of Glycerol are listed below.
- Oil castor, coconut, cramble, fish, palm kernel, tobacco seed, etc (hydrolysis),
- Oil castor, coconut, cramble, fish, palm kernel, tobacco seed, etc + methanol (transesterification)
Glycerol Uses. The uses and applications of Glycerol may vary according to its specification. The main forms of Glycerol are crude (80 wt% minimum purity), hydrolysis crude (88-91 wt% purity), and technical grade (99.5% minimum purity).