Glycerine supply is tight. This trend is expected to continue for the next four to six months. A major synthetic producer is having problems meeting demand. This has increased demand for high quality natural material, which those producers cannot meet. China continues to be a large net importer.
Indications point to current conditions lasting through the summer.
Business is expected to remain strong through Q2 and into Q3. Product in general is expected to remain tight, especially as we move into high production season. Any dramatic change in buying from Asia could create some interesting product imbalances.