Paraffin Wax Prices, Chart, Index and Regional Data

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐏𝐚𝐫𝐚𝐟𝐟𝐢𝐧 𝐖𝐚𝐱 𝐏𝐫𝐢𝐜𝐞𝐬 𝐌𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐐𝟐

𝐏𝐚𝐫𝐚𝐟𝐟𝐢𝐧 𝐖𝐚𝐱 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐔𝐒𝐀:

In Q3 2024, paraffin wax prices in the United States reached 1,745 USD/MT in September. The market experienced a decline due to lower local demand and excess inventory. Prices stayed aligned with crude oil levels, as the paraffin wax industry adjusted accordingly. A rise in crude oil inventories in the U.S. signaled reduced demand, which contributed to the decrease in paraffin wax prices.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/paraffin-wax-pricing-report/requestsample 

𝐏𝐚𝐫𝐚𝐟𝐟𝐢𝐧 𝐖𝐚𝐱 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐂𝐡𝐢𝐧𝐚:

In Q3 2024, paraffin wax prices in China settled at 1,155 USD/MT in September. Prices initially rose due to higher crude oil costs, which increased manufacturing expenses. However, weak domestic and international demand, along with ongoing supply chain issues, led to a shift in the supply-demand balance. This adjustment resulted in a significant drop in paraffin wax prices compared to Q2 2024. The overall trend reflected the impact of these market conditions.

𝐏𝐚𝐫𝐚𝐟𝐟𝐢𝐧 𝐖𝐚𝐱 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐆𝐞𝐫𝐦𝐚𝐧𝐲:

In Q3 2024, paraffin wax prices in Germany reached 1,550 USD/MT in September. The market saw significant price fluctuations, driven by reduced demand from key industries like candle manufacturing and cosmetics. Persistent commercial variability and operational issues also contributed to the price decline. The second half of Q3 saw a sharp drop in prices compared to the first half. By the end of Q3, the paraffin wax market in Germany reflected a generally pessimistic outlook due to these ongoing challenges.

𝐇𝐨𝐰 𝐈𝐌𝐀𝐑𝐂 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 𝐃𝐚𝐭𝐚𝐛𝐚𝐬𝐞 𝐂𝐚𝐧 𝐇𝐞𝐥𝐩

The latest IMARC Group study, "Paraffin Wax Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition," presents a detailed analysis of Paraffin Wax price trend, offering key insights into global Paraffin Wax market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Paraffin Wax demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
 
𝗦𝗽𝗲𝗮𝗸 𝘁𝗼 𝗮𝗻 𝗔𝗻𝗮𝗹𝘆𝘀𝘁: https://www.imarcgroup.com/request?type=report&id=22395&flag=C

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
𝗘𝗺𝗮𝗶𝗹: sales@imarcgroup.com
𝗧𝗲𝗹 𝗡𝗼: (D) +91 120 433 0800
𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: +1-631-791-1145

This release was published on openPR.