The Glycerine Price Trend moved sharply higher across all monitored markets during Q2 2026. Prices increased as higher crude oil costs pushed up feedstock expenses, while tight supply and steady demand added further support. The market was also affected by the ongoing geopolitical conflict involving Iran, the USA, and Israel, which contributed to higher crude oil prices. At the same time, buyers from oleochemical, pharmaceutical, personal care, and biodiesel-related industries continued to require glycerine. Quarterly price increases across the monitored markets ranged from around 11% to 30%, with India recording the strongest rise. Glycerine is widely used in everyday products and industrial applications. It is found in personal care products, pharmaceutical formulations, cosmetics, soaps, and other products. Because of this wide range of uses, changes in supply, raw material costs, and purchasing activity can quickly influence the market. Q2 2026 was a good example of how several market factors can come together. Higher feedstock costs created an upward push, while limited availability made buyers more willing to accept higher prices. However, the market did not continue rising throughout the entire quarter. In June, Glycerine Prices corrected across every monitored market as buyers reduced procurement after the earlier price increases. 👉👉👉 Please submit your query to get Glycerine Price Trend, forecast and market price analysis: Book a Demo - Price Watch Glycerine Price Trend During Q2 2026 The second quarter started with a firm market environment. Buyers were dealing with higher costs while suppliers faced tight availability in several regions. Crude and refined glycerine markets both experienced upward pressure, although the exact movement varied from one country to another. The main factor behind the increase was the rise in crude oil prices. Higher crude prices increased the cost of feedstocks used in the broader oleochemical chain. The geopolitical situation added further uncertainty to the energy market and contributed to the increase in crude oil prices. Supply was another important factor. Availability of glycerine remained tight in several markets, particularly for crude and refined grades. When supply is limited while demand remains steady, buyers generally have less room to negotiate prices. Demand from pharmaceutical and personal care industries remained particularly important for refined glycerine. Oleochemical and biodiesel-related demand also supported crude glycerine markets. The combination of higher costs, tight supply, and steady demand created a strong price environment during most of the quarter. Malaysia Glycerine Price Trend Malaysia recorded an increase of around 18% in Q2 2026 for Crude Glycerine (80%) on an FOB Port Kelang basis. The market remained firm because oleochemical buyers continued to purchase material while regional availability of crude glycerine stayed tight. Rising crude oil prices added another layer of cost pressure. As the quarter progressed, FOB Port Kelang valuations moved toward peak levels. Continued buying interest from the biodiesel sector helped keep the market elevated. However, June brought a noticeable change. Glycerine Prices in Malaysia declined by around 10% compared with the previous month as buyers reduced their purchases. The Malaysian market therefore showed a strong quarterly increase followed by a meaningful correction toward the end of Q2. Indonesia Glycerine Price Trend Indonesia's Glycerine Price Trend increased by around 13% during Q2 2026 for Refined Glycerine (99.5%) USP on an FOB Tanjung Priok basis. Tight regional availability continued to support prices. At the same time, pharmaceutical and personal care industries maintained steady demand for refined glycerine. Higher crude oil prices also increased feedstock costs, adding to the upward pressure on the market. FOB Tanjung Priok valuations consequently moved higher during the quarter. The market remained elevated because buyers continued to show interest in the material. However, procurement slowed in June. As a result, Glycerine Prices in Indonesia fell by around 7% in June 2026. This decline reflected a calmer purchasing environment rather than a complete change in the overall quarterly market direction. China Glycerine Price Trend China recorded a quarterly increase of around 11% in Q2 2026 for Refined Glycerine (99.5%) USP on an Ex-Tianjin basis. Demand from the pharmaceutical sector remained firm, while supply of refined glycerine was relatively tight. Higher feedstock costs, influenced by rising crude oil prices, added further support to prices. Ex-Tianjin valuations moved upward through the quarter. Personal care buyers also continued to provide support, helping the market maintain elevated price levels. However, June saw one of the stronger corrections among the monitored markets. Glycerine Prices in China dropped by around 12% as demand eased during the month. This shows that even when the broader quarterly market is strong, changes in monthly purchasing activity can have a significant effect on prices. India Glycerine Price Trend India recorded the largest quarterly increase among all the monitored markets during Q2 2026. The Glycerine Price Trend in India increased by around 30% for Refined Glycerine (99.5–99.7%) IP on an Ex-Bhiwandi basis. Strong pharmaceutical demand met tight domestic availability, creating significant upward pressure. Rising feedstock costs added to this pressure as crude oil prices increased during the quarter. Ex-Bhiwandi valuations climbed sharply as buyers continued to require refined glycerine. Personal care demand also helped keep prices near their peak levels. However, the market became somewhat calmer in June. Glycerine Prices in India declined by around 3% as procurement activity moderated. Although the June correction was relatively small compared with other markets, India's overall quarterly increase was still the strongest in the Q2 2026 group. Brazil Glycerine Price Trend Brazil's Glycerine Price Trend increased by around 17% during Q2 2026 for Crude Glycerine (80%) on an FOB Santos basis. Local availability remained limited while oleochemical demand stayed steady. Rising crude oil prices also increased cost pressure throughout the supply chain. FOB Santos export values reached high levels toward the end of the quarter. Continued biodiesel sector buying helped keep prices close to these elevated levels. In June, however, the market softened. Glycerine Prices in Brazil fell by around 4% as some buyers slowed their procurement. The Brazilian market therefore followed the broader Q2 pattern: strong quarterly growth followed by a moderate correction as purchasing activity cooled. Spain Glycerine Price Trend Spain recorded a quarterly increase of around 13% for Crude Glycerine (80%) on an FOB Algeciras basis. Higher crude oil prices increased feedstock costs, while already tight crude glycerine availability added to the market pressure. Oleochemical demand remained steady, giving suppliers additional pricing support. FOB Algeciras valuations continued to move higher through the quarter. Interest from biodiesel buyers helped prices remain firm. In June, the market started to cool. Glycerine Prices in Spain declined by around 6% as buying activity became less active. The June reduction did not erase the strong quarterly gain, but it showed that demand became more cautious after prices had moved substantially higher. Netherlands Glycerine Price Trend The Netherlands experienced a quarterly increase of around 13% for imported Crude Glycerine (80%) on a CIF Rotterdam basis. The increase in Spanish FOB prices directly influenced import valuations in the Netherlands. Although freight costs on the route eased slightly during the quarter, the higher Spanish pricing remained the stronger influence. CIF Rotterdam prices therefore increased steadily as the quarter progressed. Consistent demand from oleochemical buyers helped maintain the elevated market. In June, the market softened, with Glycerine Prices in the Netherlands declining by around 7% as buyers reduced their purchasing activity. This market is a useful example of how price movements in one exporting country can pass through to an importing market. Glycerine Price Chart – Q2 2026 The Glycerine Price Chart for Q2 2026 shows a clear upward movement across every monitored market. The quarterly changes were: Malaysia: +18% Indonesia: +13% China: +11% India: +30% Brazil: +17% Spain: +13% Netherlands: +13% India recorded the strongest increase at 30%, while China recorded the lowest increase at 11%. Even so, every monitored market experienced positive quarterly price growth. The monthly picture was different. June recorded corrections across all seven markets: Malaysia: -10% Indonesia: -7% China: -12% India: -3% Brazil: -4% Spain: -6% Netherlands: -7% This combination of strong quarterly growth and June corrections is one of the most important features of the Q2 2026 market. Glycerine Price Index The Glycerine Price Index remained supported during Q2 2026 because demand stayed healthy across key end-use industries. Pharmaceutical and personal care sectors were particularly important for refined glycerine. Oleochemical demand supported the broader market, while biodiesel-related buying helped provide additional support for crude glycerine. The index also reflected higher feedstock costs. When crude oil prices rise, the resulting increase in production and supply-chain costs can eventually reach downstream chemical markets. At the same time, tight availability meant that higher costs were not absorbed entirely by producers or suppliers. They were reflected in market prices as buyers competed for available material. The June correction shows that the index was not simply moving in one direction. Once buyers became more cautious and procurement slowed, prices began to come down from their earlier highs. What Caused Glycerine Prices to Rise? Several factors worked together during Q2 2026. The first was higher crude oil prices. The ongoing geopolitical conflict involving Iran, the USA, and Israel contributed to higher crude oil costs, which increased feedstock pressure. The second factor was tight supply. Several markets faced limited availability of crude or refined glycerine. Tight supply can quickly strengthen prices when demand remains stable. The third factor was steady industrial demand. Pharmaceutical, personal care, oleochemical, and biodiesel-related buyers continued to require glycerine. Another factor was procurement behavior. When buyers expect prices to remain high or worry about availability, they may purchase more material to protect their inventories. This can add further short-term pressure to prices. However, once buyers have replenished their stocks, procurement can slow. This appears to have happened in June, leading to price corrections across all monitored markets. Glycerine Price Forecast Based on the Q2 2026 market direction, the near-term outlook for glycerine can be described as firm but more balanced. The strong quarterly increases show that the market has significant underlying support. However, the June corrections indicate that buyers may become more cautious after a rapid increase in prices. Future price movements will likely depend on several factors. Crude oil prices will remain important because changes in energy and feedstock costs can influence glycerine production economics. Supply availability will also matter, particularly for refined grades used in pharmaceutical and personal care applications. Demand will remain another key factor. If pharmaceutical, personal care, oleochemical, and biodiesel-related consumption remains steady, prices could continue to receive support. On the other hand, improved availability and lower procurement activity could limit further increases and encourage periods of price stabilization. For buyers, the Q2 experience suggests that monitoring both monthly and quarterly movements is important. A strong quarterly increase does not always mean that prices will continue rising every month. Conclusion The Glycerine Price Trend during Q2 2026 was strongly positive across all monitored markets. Prices increased between 11% and 30%, with India showing the largest gain at around 30%. Malaysia, Brazil, Indonesia, China, Spain, and the Netherlands also recorded significant increases. The main drivers were higher crude oil prices, rising feedstock costs, tight supply, and steady demand from pharmaceutical, personal care, oleochemical, and biodiesel-related industries. However, June brought a broad correction. Prices declined in every monitored market as buyers moderated procurement after the sharp run-up. China recorded the largest June decline at around 12%, while India recorded the smallest at around 3%. Overall, Q2 2026 showed a glycerine market that was strong, cost-driven, and supported by healthy demand, but also one that became more balanced toward the end of the quarter. The Glycerine Price Chart and Glycerine Price Index both reflect this pattern of strong quarterly growth followed by June corrections. For businesses following the market, the key factors to watch are crude oil prices, feedstock costs, supply availability, pharmaceutical and personal care demand, oleochemical consumption, and buyer procurement behavior. These factors will continue to shape Glycerine Prices and determine whether the market remains firm or moves toward greater stability in the coming period. About Price Watch™ Price Watch™ is an India-based, independent raw material price reporting agency that provides real-time price forecasts and data-driven insights into global raw material markets. Price Watch™ specializes in tracking raw material prices, analyzing market trends, and delivering timely updates on plant shutdowns, supply disruptions, capacity expansions, and demand-supply dynamics. The Price Watch™ platform empowers manufacturers, traders, and procurement professionals to make faster, smarter decisions. 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