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Global glycerine markets mixed; India sees sharp price rise

India

Glycerine prices in India have increased significantly over the last ** months, mostly as a result of substantial demand from important sectors and constrained worldwide supply. A key driver in limiting supply and driving up prices has been disruptions in the production of biodiesel, especially in large exporting nations. Domestic prices increased from &#****;** per kg (~$*.**/kg) in May **** to &#****;**.* per kg (~$*.**/kg) in June, representing a nearly *.* per cent increase in a single month.