The glycerin market moved sharply higher during Q2 2026, with prices increasing across all the monitored markets. The main reasons were higher crude oil prices, tighter glycerin supply, and steady demand from pharmaceutical, personal care, oleochemical, and biodiesel-related industries. Quarterly price increases ranged from around 11% to 30%, with India recording the strongest increase. However, the market changed direction in June, when buyers reduced procurement and prices declined across every monitored market. Glycerin is used in many everyday and industrial products. It is found in personal care products, pharmaceutical formulations, cosmetics, and other applications. Because of its wide use, changes in supply, raw material costs, and buying activity can quickly influence the market. Q2 2026 was a good example of this, as higher input costs and tight availability pushed prices up, while slower purchasing in June brought some relief. 👉 👉 👉 Please Submit Your Query for glycerin market, demand-supply, suppliers, market analysis: https://www.price-watch.ai/book-a-demo/ Glycerin Price Trend in Q2 2026 The glycerin Price trend during Q2 2026 was mainly upward. Buyers faced higher prices as feedstock costs increased and supply remained tight in several markets. Crude oil prices played an important role in the quarter. The supplied market data links the increase in crude oil prices to ongoing geopolitical conflict involving Iran, the United States, and Israel. Higher crude oil costs increased pressure on feedstock expenses, which then moved through the glycerin supply chain. At the same time, demand remained healthy. Pharmaceutical and personal care buyers continued purchasing refined glycerin, while oleochemical and biodiesel-related buyers supported demand for crude grades. This combination of higher costs, limited availability, and steady demand created a firm pricing environment. However, the market did not remain at peak levels throughout the quarter. June brought a correction across all monitored markets. The declines ranged from around 3% to 12%, depending on the market and grade. This shows an important point about the Q2 market: although the quarterly average increased significantly, monthly prices began to soften toward the end of the period. Glycerin Prices in Malaysia Malaysia recorded an increase of around 18% during Q2 2026 for crude glycerin, based on FOB Port Kelang prices. The market was supported by continued demand from oleochemical buyers. At the same time, regional availability of crude glycerin remained tight. Higher crude oil prices added another layer of cost pressure. As the quarter progressed, FOB Port Kelang prices moved toward peak levels. Demand connected with biodiesel also helped keep prices firm. The situation changed in June. Glycerin Prices in Malaysia fell by around 10% compared with the previous month as buyers reduced their purchases. The June decline suggests that buyers became more cautious after the strong price increase seen earlier in the quarter. Glycerin Prices in Indonesia Indonesia recorded around a 13% increase in Q2 2026 for refined glycerin with a 99.5% USP grade. Demand from pharmaceutical and personal care industries remained steady, while refined glycerin supply stayed relatively tight across the region. Higher feedstock costs added further pressure to the market. FOB Tanjung Priok prices therefore moved higher during the quarter. Buyers continued to show interest, allowing prices to remain elevated. In June, however, the market became softer. Glycerin Prices in Indonesia declined by around 7% as procurement activity slowed. The movement in Indonesia shows how a market can remain fundamentally firm while still experiencing a short-term correction when buyers temporarily step back. Glycerin Prices in China China recorded an increase of around 11% in Q2 2026 for refined glycerin. The market received support from pharmaceutical demand, while availability of refined glycerin remained tight. Rising feedstock costs also contributed to higher prices during the quarter. Ex-Tianjin prices moved upward as these factors combined. Personal care demand provided additional support and helped prices remain at elevated levels. June brought a much stronger correction than in some other markets. Glycerin Prices in China dropped by around 12% compared with the previous month as demand eased. This was the largest monthly decline among the markets covered in the supplied Q2 data. It shows that changes in purchasing activity can have a noticeable effect when prices have already moved significantly higher. Glycerin Prices in India India recorded the largest quarterly increase among all the monitored markets. The glycerin Prices in India increased by around 30% during Q2 2026 for refined glycerin. Strong pharmaceutical demand met tight domestic supply, creating considerable upward pressure. Higher feedstock costs added to the situation as crude oil prices increased during the quarter. As a result, Ex-Bhiwandi valuations climbed sharply. Personal care demand also helped keep prices near their elevated levels. Interestingly, the June correction in India was relatively small compared with other markets. Prices declined by around 3% as procurement activity moderated. This means that although buyers became less active in June, the underlying market remained comparatively firm after the strong quarterly increase. Glycerin Prices in Brazil Brazil recorded a Q2 2026 increase of around 17% for crude glycerin. Local availability remained limited, while oleochemical demand stayed steady. Higher crude oil prices added further pressure to feedstock costs. FOB Santos export values reached high levels toward the end of the quarter. Biodiesel-related buying interest helped support prices. In June, Glycerin Prices in Brazil declined by around 4% as some procurement activity slowed. The relatively smaller June correction suggests that demand remained supportive even as buyers became less active after the earlier price rise. Glycerin Prices in Spain Spain recorded a 13% increase during Q2 2026 for crude glycerin. Higher crude oil prices increased feedstock costs, while tight crude glycerin availability provided additional support. Steady demand from oleochemical users also contributed to the firm market. FOB Algeciras prices increased through the quarter and remained supported by interest from biodiesel buyers. In June, prices declined by around 6% as purchasing activity cooled. The Spanish market therefore followed the same general pattern seen elsewhere: a strong quarterly increase followed by a moderate correction toward the end of the quarter. Glycerin Prices in the Netherlands The Netherlands recorded a 13% increase during Q2 2026 for imported crude glycerin on a CIF Rotterdam basis. The increase in Spanish FOB prices directly affected Dutch import valuations. Although freight charges on the route eased slightly during the quarter, the higher underlying product price remained the stronger influence. CIF Rotterdam prices moved upward as the quarter progressed, supported by steady oleochemical demand. In June, Glycerin Prices in the Netherlands fell by around 7% as buyers reduced purchases. This market demonstrates how changes in one regional market can affect another market through international trade. When export prices increase in a supplying country, import prices can also move higher in the destination market. Glycerin Price Chart: What Does Q2 2026 Show? The glycerin Price Chart for Q2 2026 presents a clear upward movement followed by a correction in June. The quarterly price changes were: Market Q2 2026 Price Change Malaysia +18% Indonesia +13% China +11% India +30% Brazil +17% Spain +13% Netherlands +13%
India recorded the strongest quarterly increase at around 30%, while China recorded the smallest increase at around 11%. The June movement was different: Market June Price Change Malaysia -10% Indonesia -7% China -12% India -3% Brazil -4% Spain -6% Netherlands -7%
The chart therefore tells two different stories. The first is strong price growth throughout the quarter. The second is a broad correction in June after buyers reduced procurement. Glycerin Price Index The glycerin price Index remained supported during Q2 2026 by steady demand from pharmaceutical, personal care, oleochemical, and related industries. A price index is useful because it gives a broader view of the market rather than focusing on one transaction. In this case, the overall movement shows that glycerin prices were under strong upward pressure during most of the quarter. Several factors were important: Higher crude oil prices Increased feedstock costs Tight glycerin availability Strong pharmaceutical demand Consistent personal care demand Oleochemical sector purchasing Biodiesel-related demand Changes in procurement activity The combination of these factors created a firm market environment. What Caused Glycerin Prices to Rise? The Q2 price increase was not caused by one factor alone. First, higher crude oil prices increased pressure on feedstock costs. When energy and raw material costs rise, producers and suppliers can face higher overall production and handling expenses. Second, supply was tight in several markets. Limited availability becomes particularly important when demand remains steady because buyers have fewer opportunities to purchase at lower prices. Third, demand remained healthy. Pharmaceutical and personal care industries continued to require refined glycerin, while oleochemical and biodiesel-related industries supported demand for crude grades. Finally, buying patterns affected the market. Strong procurement during the earlier part of the quarter helped push prices higher, while slower purchasing in June contributed to the correction. Glycerin Market Forecast The glycerin market forecast based on the Q2 2026 information suggests that future prices will remain closely connected to crude oil costs, supply availability, downstream demand, and procurement behavior. The strong quarterly increases show that the market can respond quickly when costs rise and supply becomes tight. At the same time, the June declines show that prices can also move lower when buyers reduce procurement and market activity becomes more balanced. For market participants, it will therefore be important to watch both supply and demand rather than focusing on only one factor. Pharmaceutical and personal care demand will remain important for refined glycerin, while oleochemical and biodiesel-related demand can influence crude glycerin markets. Changes in crude oil prices can also affect the wider cost structure. Conclusion The Q2 2026 glycerin market experienced a strong price increase across all monitored regions. Quarterly gains ranged from around 11% to 30%, with India recording the largest increase at approximately 30%. Higher crude oil prices, rising feedstock costs, tight supply, and steady demand from pharmaceutical, personal care, oleochemical, and biodiesel-related industries supported the upward movement. However, June showed a different direction. Prices declined across every monitored market as buyers reduced procurement after the earlier run-up. The monthly decreases ranged from around 3% in India to around 12% in China. Overall, Q2 2026 was a period of strong price growth followed by a broad market correction. The glycerin Price trend, glycerin Prices, glycerin Price Chart, and glycerin price Index all point to a market that remained sensitive to raw material costs, supply conditions, and buying behavior. For buyers and other market participants, following monthly procurement activity alongside crude oil prices, supply availability, and downstream demand can provide a clearer understanding of future market movements. The Q2 experience also shows that even after a strong quarterly increase, prices can correct when purchasing activity becomes more cautious. About Price Watch™ Price Watch™ AI is an India-based, independent price reporting agency (PRA) that provides real-time price forecasts and data-driven insights into global raw material markets. It specializes in tracking prices, analyzing market trends, and delivering timely updates on plant shutdowns, supply disruptions, capacity expansions, and demand–supply dynamics. Price Watch™ AI reporting goes beyond prices to include grade-level insights, applications, and country-level demand intelligence you can trust. 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