Oleochemicals: PFAD, Glycerine & Fatty Acids

CBIL is a commodity brokerage company and brokers the three oleochemical trades that come out of a palm refinery and a biodiesel plant but go to three different buyers: palm fatty acid distillate (PFAD), bought on free fatty acid by biodiesel and HVO producers and soap makers; crude glycerine, bought on glycerol content, MONG and ash by refiners and epichlorohydrin plants, and refined USP/BP glycerine by pharma and personal-care users; and palm-based stearic acid, bought on iodine value, titre and colour by rubber, PVC, candle and cosmetics plants. The supply is concentrated in Southeast Asia. UN Comtrade 2025 export declarations under HS 3823 (fatty acids, including PFAD and stearic acid) show Indonesia at 5.77 million MT (USD 1,313/MT average) and Malaysia at 2.92 million MT (USD 1,311), with Argentina (0.28 million MT at USD 609) and the USA (0.27 million MT) far behind; under HS 1520 Indonesia exported 0.91 million MT of glycerol at USD 543/MT, Brazil 0.68 million MT at USD 498 and Malaysia 0.13 million MT at USD 538. We work each enquiry against SGS or Intertek certification on the buyer's own sheet, structure chemical-tanker parcels, flexitanks, ISO tanks and bagged container lots on FOB, CFR and CIF terms, and because CBIL also runs a chartering desk (LaycanDesk) that works product and chemical tankers, the freight leg is quoted with the cargo.