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SunSirs: This Week, the Domestic Glycerol Market Operated Weakly and Steadily (January 8-12)
January 17 2024 10:35:48SunSirs(John)

Price trend

According to the commodity market analysis system of SunSirs, on January 12th, the benchmark price of SunSirs glycerol was 4,575.00 RMB/ton, a decrease of 0.27% compared to the same period last week.

Influencing factors:

The domestic glycerol market had been affected by the impact of imported glycerol and cost factors, resulting in weak and stable glycerol prices. The downstream market demand for ECH was weak, and manufacturers had low operating rates. Most enterprises purchased on demand. As of January 12th, there was no improvement in the market and it was operating weakly and steadily.

Market outlook

The domestic glycerol market will mainly operate weakly and steadily in the future.

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