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Industrial wax market is expected to reach USD 12.95 Billion by 2026,

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Industrial wax market is expected to reach USD 12.95 Billion by 2026, Industrial waxes are solid substances that melt and transform into a liquid state at slightly higher temperatures. Various types of waxes are available in the market, such as bio-based, fossil-based, and synthetic waxes. Industrial wax display excellent properties and thus, find a broad range of applications in pharmaceutical, packaging, plastics, cosmetics, candles, and other sectors. Enhanced demand from the personal care industry, cosmetics, and personal care industries are observing visible growth worldwide because of the rise in consumer interest for personal hygiene and beautification products. Industrial wax is utilized in cosmetic and personal care product formulations to improve the thickness and texture of these products. Various types of wax are being used in several cosmetic products. With the rise in demand for personal care products, several companies are coming ahead to supply wax to provide to the needs of the personal care and cosmetics business.

China Paraffin Wax export to USA is down by 15% to 60,000 tons so far this year.

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China Paraffin Wax export to USA is down by 15% to 60,000 tons so far this year. During the period January to July 2019, China exported 60972 MT of Paraffin Wax to United States. The country exported 11254 MT of Paraffin Wax in January 2019, 9581 MT in February, 8480 MT in March, 10945 MT in April, 7722 MT in May, 9382 MT in June and 3608 MT in July 2019. During the period Jan to July 2018, China exported 69231 MT of Paraffin Wax to United States. As per the data analysis by our team, export of the country has decreased by 12% during Jan to July 2019, as compared to the same period last year i.e. Jan to July 2018. Compared to last month i.e. June 2019, export of the country has dipped down by 62% in the month of July 2019. China Paraffin Wax to United States has decreased by 80% in July 2019, as compared to same period last year i.e. July 2018.

Microcrystalline Wax FOB USA price marginally down in April 2019.

FOB Microcrystalline Wax USA current prices reported at USD 2025 – 2040 PMT. FOB Microcrystalline Wax USA price were oscillating in the range of USD 2000 – 2015 PMT in the month of January 2019. In February prices hiked up & reported at USD 2020 – 2035 PMT and in March 2019 & prices reported at USD 2030 – 2045 PMT. In current month i.e. April 2019, price of the product have gone down by USD 5 PMT as compared to previous month price & reported in the range of USD 2025 – 2040 PMT. Prices firmed up by USD 60 PMT (3%) in April 2019, as compared to same period last year i.e. April 2018. Since January 2019 price hiked up & reported at USD 25 PMT (1%) in April 2019.

Microcrystalline Wax FOB USA price up by USD 10 PMT in March compared to previous month price.

FOB Microcrystalline Wax USA current prices reported at USD 2030 – 2045 PMT. FOB Microcrystalline Wax USA price were oscillating in the range of USD 2000 – 2015 PMT in the month of January 2019. In February prices hiked up & reported at USD 2020 – 2035 PMT. In current month i.e. March 2019, price of the product have gone up by USD 10 PMT as compared to previous month price & reported in the range of USD 2030 – 2045 PMT. Prices firmed up by USD 75 PMT (4%) in March 2019, as compared to same period last year i.e. March 2018. Since January 2019 price hiked up & reported at USD 30 PMT (1%) in March 2019.

Microcrystalline Wax FOB USA price up by USD 5 PMT in March compared to previous month price.

FOB Microcrystalline Wax USA current prices reported at USD 2025 – 2040 PMT. FOB Microcrystalline Wax USA price were oscillating in the range of USD 2000 – 2015 PMT in the month of January 2019. In February prices hiked up & reported at USD 2020 – 2035 PMT. In current month i.e. March 2019, price of the product have gone up by USD 5 PMT as compared to previous month price & reported in the range of USD 2025 – 2040 PMT. Prices firmed up by USD 70 PMT (4%) in March 2019, as compared to same period last year i.e. March 2018. Since January 2019 price hiked up & reported at USD 25 PMT (1%) in March 2019.

Microcrystalline Wax FOB USA price up by USD 10 PMT in January compared to previous month price.

FOB Microcrystalline Wax USA current prices reported at USD 2000 – 2015 PMT. FOB Microcrystalline Wax USA price were oscillating in the range of USD 1955 – 1970 PMT in the month of January 2018, while in February & March 2018 prices remained steady as compared to previous month price. Further prices hiked up & reported at USD 1965 – 1980 PMT in April, USD 1990 – 2005 PMT in May, while in June & July prices remained constant as compared to previous month price. Thereafter prices marked up & prices reported at USD 2000 – 2015 PMT in August, USD 2010 – 2025 PMT in September and USD 2015 – 2030 PMT in October. Prices dipped down in November & prices reported at USD 2010 – 2025 PMT and USD 1990 – 2005 PMT in December 2018. In current month i.e. January 2019, price of the product have gone up by USD 10 PMT (1%) as compared to previous month price & reported in the range of USD 2000 – 2015 PMT. Prices firmed up by USD 45 PMT (2%) in January 2019, as compared to same period last year i.e. January 2018.

Microcrystalline Wax FOB USA price down by USD 20 PMT in December compared to previous month price.

FOB Microcrystalline Wax USA current prices reported at USD 1190 – 2005 PMT. FOB Microcrystalline Wax USA price were oscillating in the range of USD 1955 – 1970 PMT in the month of January 2018, while in February & March 2018 prices remained steady as compared to previous month price. Further prices hiked up & reported at USD 1965 – 1980 PMT in April, USD 1990 – 2005 PMT in May, while in June & July prices remained constant as compared to previous month price. Thereafter prices marked up & prices reported at USD 2000 – 2015 PMT in August, USD 2010 – 2025 PMT in September and USD 2015 – 2030 PMT in October. Prices dipped down in November 2018 & prices reported at USD 2010 – 2025 PMT. In current month i.e. December 2018, price of the product have gone down by USD 20 PMT (1%) as compared to previous month price & reported in the range of USD 1190 – 2005 PMT. Since January 2018, prices gone up by USD 35 PMT (2%) in December 2018. Prices firmed up by USD 55 PMT (3%) in December 2018, as compared to same period last year i.e. December 2017.

Microcrystalline Wax exporters to India in September include Supreme Exim, Thai Lube Base, Sasol Chemicals Pacific, SJ Materials, Sonneborn, HCI Wax, SJ Chemical & The Inter. Group

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Microcrystalline Wax exporters to India in September include Supreme Exim, Thai Lube Base, Sasol Chemicals Pacific, SJ Materials, Sonneborn, HCI Wax, SJ Chemical & The Inter. Group Microcrystalline Wax exporters to India in September include Supreme Exim, Thai Lube Base, Sasol Chemicals Pacific, SJ Materials, Sonneborn, HCI Wax, SJ Chemical & The Inter. Group India imported roughly 1344 tons of Microcrystalline Wax in September 2018, CFR prices hike up by USD 5 PMT in November 2018. Some of the Microcrystalline Wax exporters to India in September 2018 were Supreme Exim, Thai Lube Base Public Company, Sasol Chemicals Pacific, SJ Materials Co. Ltd, Sonneborn, HCI Wax Co., Sj Chemical Co. Ltd, The International Group & more

Microcrystalline Wax FOB USA price up by USD 10 PMT in October compared to previous month price.

FOB Microcrystalline Wax USA current prices reported at USD 2020 – 2035 PMT. FOB Microcrystalline Wax USA price were oscillating in the range of USD 1955 – 1970 PMT in the month of January 2018, while in February & March 2018 prices remained steady as compared to previous month price. Further prices hiked up & reported at USD 1965 – 1980 PMT in April, USD 1990 – 2005 PMT in May, while in June & July prices remained constant as compared to previous month price. In August prices marked up & prices reported at USD 2000 – 2015 PMT and in September 2018 prices reported at USD 2010 – 2025 PMT. In current month i.e. October 2018, price of the product have gone up by USD 10 PMT as compared to previous month price & reported in the range of USD 2020 – 2035 PMT. Since January 2018, prices gone up by USD 65 PMT (3%) in October 2018. Prices firmed up by USD 90 PMT (5%) in October 2018, as compared to same period last year i.e. October 2017.

Microcrystalline Wax FOB USA price up by USD 10 PMT in September compared to previous month price.

FOB Microcrystalline Wax USA current prices reported at USD 2010 – 2025 PMT. FOB Microcrystalline Wax USA price were oscillating in the range of USD 1955 – 1970 PMT in the month of January 2018, while in February & March 2018 prices remained steady as compared to previous month price. Further prices hiked up & reported at USD 1965 – 1980 PMT in April, USD 1990 – 2005 PMT in May, while in June & July prices remained constant as compared to previous month price. In August 2018, prices marked up & prices reported at USD 2000 – 2015 PMT. In current month i.e. September 2018, price of the product have gone up by USD 10 PMT as compared to previous month price & reported in the range of USD 2010 – 2025 PMT. Since January 2018, prices gone up by USD 55 PMT (3%) in September 2018. Prices firmed up by USD 90 PMT (5%) in September 2018, as compared to same period last year i.e. September 2017.