I just read an announcement from Mission Biofuels (MBT) and they claim that refined glycerine is attracting prices around US$1,800 per tonne. This is great news for NFL as that will benefit them assuming they can secure decent quantities of crude glycerine.
From MBT:
"Prices of purified glycerine have increased from the US$500 per tonne in May 2006 to above US$1,800 in recent weeks buoyed by a worldwide shortage of the product. Demand far exceeds supply and is expected to remain so for the remainder of the year. Mission’s glycerine purification facility has a capacity to produce 900 tonnes of purified glycerine per month and has received enquiries for more than our capacity."
I just read an announcement from Mission Biofuels (MBT) and they...
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