SunSirs--China Commodity Data Group

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SunSirs: This Week, the Domestic Glycerol Market Saw a Slight Increase (January 29-February 2)

February 02 2024 14:48:47     SunSirs (John)

Price trend

This week, the domestic glycerol market has slightly increased, and the current domestic glycerol market quotation is around 4,100-4,350 RMB/ton. Upstream crude glycerol inventory is limited, and prices remain high and firm. As the Spring Festival approaches, many customers need to stock up. Affected by costs, prices have slightly increased.

Market outlook

After the Spring Festival, the demand for glycerol in the domestic market is limited, and purchases  are mainly based on demand. It is expected that the glycerol market will continue to operate steadily in the short term.

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