Price trend
On February 28, 2024, the domestic glycerol market showed a slight upward trend in price and activity, with market price fluctuations ranging from 4,000 to 4,300 RMB/ton.
Analysis review
The demand was gradually warming up. The price of crude glycerol had slightly increased, and the cost side was operating steadily. Some manufacturers had seen a price increase of 50 RMB/ton.
Market outlook
It is expected that the glycerol market will operate in a volatile manner.
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