# Glycerine: Trading

Santos, Rotterdam and South-East Asia: where prices are quoted

Source page: https://www.materialinsights.org/chemicals/glycerine/trading/

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

#### Who buys, and where

- China (crude)
- US and EU (refined)
- India (crude and refined)

#### Who sells, and from where

- Indonesia and Malaysia (refined and crude)
- Brazil and Argentina (crude)
- Germany and Netherlands

#### Price benchmarks

| Benchmark | Publisher | Basis |
|---|---|---|
| **Argus Glycerine (crude 80%, technical 99.5%, USP 99.7%, kosher, by region)** | Argus Media | weekly |
| **ICIS glycerine assessments** | ICIS (indicative) | weekly |

#### Exchanges

| Venue | Contract | Notes |
|---|---|---|
| **none** | no glycerine futures | priced in bilateral contracts |

#### Contract types

- Quarterly contracts for refined USP glycerine in the US (Argus)
- Spot cargoes and flexibags for crude
- Mass-balance certified premium of 6-9 cents/lb (Argus, Mar 2026)

#### Traders and distributors

- Oleochemical groups and biodiesel producers sell directly; traders and distributors (indicative)

#### How Indian buyers price it

- Import parity CIF west coast India: refined kosher 99.7% $1,430-1,490/t in drums and $1,320-1,380/t in Flexi; crude 80% $800-830/t (Argus, 5 Mar 2026)
- Domestic producers price against these import levels

#### Recent price points

| Date | Price | Basis | Source |
|---|---|---|---|
| 5 Mar 2026 | **$1,279-1,477/t** | US Midwest vegetable refined 99.7%, 1Q26 contract | Argus Glycerine, issue 26-9, 5 Mar 2026 (sample) |
| 5 Mar 2026 | **$2,315-2,756/t** | US pharma grade, drums | Argus Glycerine, issue 26-9, 5 Mar 2026 (sample) |
| 5 Mar 2026 | **$790-850/t** | China crude 80%, CFR | Argus Glycerine, issue 26-9, 5 Mar 2026 (sample) |
| 5 Mar 2026 | **$1,430-1,490/t** | India kosher refined 99.7%, CIF west coast, drums | Argus Glycerine, issue 26-9, 5 Mar 2026 (sample) |
| 5 Mar 2026 | **$800-830/t** | India crude 80%, CIF west coast, Flexi | Argus Glycerine, issue 26-9, 5 Mar 2026 (sample) |
| 5 Mar 2026 | **€1,080-1,100/t** | Europe kosher vegetable refined 99.5%, FCA bulk | Argus Glycerine, issue 26-9, 5 Mar 2026 (sample) |

#### Good sources to follow
[Argus Glycerine](https://view.argusmedia.com/rs/584-BUW-606/images/CHE-Sample-CN-Argus-Glycerine.pdf?version=0)paid newsletter · Argus Media

weekly crude and refined glycerine prices and trade flows
[S&P Global Chemical Economics Handbook: Glycerin](https://www.spglobal.com/content/dam/spglobal/ci/en/documents/products/pdf/CI_0825-Global-CEH-Glycerin-Abstract.pdf)paid research site · S&P Global

world glycerine supply and demand
[IMARC glycerol price updates](https://www.imarcgroup.com/news/glycerol-price-update-sustained-growth-across-key-markets-in-q2-2026)freemium research site · IMARC Group

quarterly regional glycerol price commentary

## Other sections

- [Summary](https://www.materialinsights.org/chemicals/glycerine/index.md)
- [Overview](https://www.materialinsights.org/chemicals/glycerine/overview/index.md)
- [Correlation](https://www.materialinsights.org/chemicals/glycerine/correlation/index.md)
- [Production route](https://www.materialinsights.org/chemicals/glycerine/routes/index.md)
- [Production](https://www.materialinsights.org/chemicals/glycerine/production/index.md)
- [Feedstocks](https://www.materialinsights.org/chemicals/glycerine/feedstocks/index.md)
- [Cycles](https://www.materialinsights.org/chemicals/glycerine/cycles/index.md)
- [Movement](https://www.materialinsights.org/chemicals/glycerine/movement/index.md)
- [Regulation](https://www.materialinsights.org/chemicals/glycerine/regulation/index.md)
- [Characteristics](https://www.materialinsights.org/chemicals/glycerine/characteristics/index.md)
- [Emissions](https://www.materialinsights.org/chemicals/glycerine/emissions/index.md)
- [Relationships](https://www.materialinsights.org/chemicals/glycerine/links/index.md)