US Glycerine Market Softens 1.4% in Late May Amid Mixed Demand and Feedstock Cost Ease

The US Glycerine market weakened toward the end of May, with weekly assessments registering a 1.43% decline. Market activity remained mixed throughout the month as fluctuating demand and softer feedstock costs influenced Glycerine pricing. While improved spot inquiries during mid-May temporarily supported the Glycerine market, buying interest eased again in the final weeks, leading to downward price pressure. Demand for Glycerine remained strongest from the personal care and cosmetics sector, where it continues to be widely used in skincare, hygiene, and beauty formulations. Pharmaceutical manufacturers also maintained steady purchases of Glycerine, helping support overall market fundamentals. However, industrial demand for Glycerine remained subdued due to weaker conditions in several processing sectors and the increasing use of synthetic alternatives. On the supply side, lower feedstock costs contributed to softer Glycerine prices. Crude Palm Oil CFR Houston declined by 0.85%, which reduced production expenses for Glycerine manufacturers. Looking ahead, Glycerine prices may remain under pressure due to lower feedstock costs and ample domestic availability, although the market's ongoing 12-week upward trend could limit sharper declines.