Surging Demand and Tighter Supply Drive Glycerine Price Revisions in June 2025

Surging Demand and Tighter Supply Drive Glycerine Price Revisions in June 2025

Bob Duffler 10-Jul-2025

The global glycerine market is experiencing renewed price volatility in June 2025 due to its critical role across various industries and increasing demand for sustainable, bio-based solutions. Indonesia, the leading exporter, saw mixed prices with refined glycerine increasing due to strong demand and supply constraints, despite a boost in crude glycerine from biodiesel expansion. Malaysia mirrored these trends with sharper mid-month corrections, while Canada experienced more stable but elevated prices, driven by steady demand and import flows. These fluctuations are increasing input costs for downstream industries like pharmaceuticals, cosmetics, and biodiesel, who have limited ability to pass these costs on to consumers, highlighting the need for vigilance amidst ongoing logistical challenges and sustainability goals.

Glycerine, a cornerstone of the global chemical supply chain, have experienced renewed price volatility in June xxxx, underscoring its critical role in industries ranging from pharmaceuticals and cosmetics to food processing and biodiesel.

In Indonesia, the world’s leading exporter, glycerine prices displayed a mixed but generally firm trend in June. Crude Glycerine xxx FOB Tanjung Priok averaged USD xxx/MT, down slightly from May, while Refined Glycerine USP xx.xx FOB Jawa Barat rose to USD xxx/MT from the previous month. The refined segment’s price increase reflects sustained domestic and export demand, especially from pharmaceuticals and cosmetics, amid persistent supply constraints and refining bottlenecks. Ongoing expansion of Indonesia’s biodiesel program has boosted crude glycerol output, but limited refining capacity kept refined glycerine supplies tight. Port congestion at Tanjung Priok and currency volatility—particularly a weaker Rupiah in the first half of the month—drove up freight and...

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Glycerine

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