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SunSirs: This Week, the Domestic Glycerol Market Operated Weakly and Steadily (January 22-26)
January 29 2024 14:39:42SunSirs(John)

Price trend

This week, the domestic glycerol market prices remained stable. As of January 26th, the domestic glycerol market quotation was around 4,000-4,250 RMB/ton.

Analysis review

The main futures of upstream palm oil rose, with prices following suit, supported by high prices on the cost side. Downstream procurement was mainly based on demand. As of January 26th, 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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