As of Jan 5, 2026, daily theoretical profits across China’s glycerin industry chain remained stable compared to Jan 4 (unit: CNY/ton):
Refining profit of refined glycerin: 340.03 (no change)
Arbitrage profit of refined glycerin imports: 404.40 (no change)
Theoretical production profit of domestic glycerin-based ECH: 465.03 (no change)
Spot theoretical profit of domestic glycerin-based ECH: -25 (no change)
The flat profit trend reflects steady cost and price dynamics in the glycerin supply chain this short period, providing clear cost-benefit references for glycerin processors, importers, and downstream ECH producers.