For the Quarter Ending June 2026
Liquid Paraffin Prices in APAC
- In Thailand, the Liquid Paraffin Price Index rose by 72.75% quarter-over-quarter, driven by Baht depreciation.
- The average Liquid Paraffin price for the quarter was approximately USD 1665.33/MT, weighted by CFR.
- Competitive Northeast Asian offers compressed the Liquid Paraffin Spot Price, limiting buyers' ability to stock.
- The Liquid Paraffin Price Forecast indicates narrow volatility, marginal easing if crude and freight soften.
- Higher neutral-oil cracks supported the Liquid Paraffin Production Cost Trend, keeping landed offers persistently elevated.
- Liquid Paraffin Demand Outlook remains firm as personal care and glove sectors continue need-based procurement.
- Lean inventories and exports influenced the Liquid Paraffin Price Index, constraining downward movement of offers.
- Korean and Indian operating rates determined supply, enabling exporters to pass higher offers to Thailand
Why did the price of Liquid Paraffin change in June 2026 in APAC?
- Thai Baht depreciation inflated landed import costs, transmitting import-side pressure into domestic Liquid Paraffin quotations.
- War-risk premiums and longer voyages raised freight, insurance, elevating landed costs for imported Liquid Paraffin.
- Sustained personal-care and glove offtake limited buyer resistance, allowing suppliers to maintain Liquid Paraffin offers.
India
- In India, the Liquid Paraffin Price Index rose by 65.54% quarter-over-quarter, due to tight supply.
- Liquid Paraffin Spot Price strength reflected delayed import arrivals and freight surcharges tightening Mumbai ex-storage offers.
Liquid Paraffin Prices in Europe
- In Spain, the Liquid Paraffin Price Index rose by 72.0% quarter-over-quarter, reflecting tighter import availability.
- The average Liquid Paraffin price for the quarter was approximately USD 1781.33/MT across Algeciras port.
- Liquid Paraffin Spot Price eased as steady imports supported the Price Index and softened margins.
- The Liquid Paraffin Price Forecast suggests modest near-term easing given balanced imports and cautious buyers.
- Higher crude benchmarks pushed the Liquid Paraffin Production Cost Trend, sustaining elevated export offer levels.
- Liquid Paraffin Demand Outlook remains supportive as cosmetics and pharmaceutical restocking sustains seasonal summer purchases.
- Adequate inventories and port operations kept the Liquid Paraffin Price Index broadly balanced in June.
- Belgian, French refiners' rates and UAE turnarounds shaped regional supply, influencing Liquid Paraffin spot availability.
Why did the price of Liquid Paraffin change in June 2026 in Europe?
- Comfortable imports from Europe and Middle East increased supply, easing landed cost pressures during June.
- Stable refinery rates and smooth port logistics prevented disruptions, limiting upward price momentum in June.
- Weaker euro marginally improved landed competitiveness, partially offsetting crude-driven feedstock cost increases across supply chains.
Liquid Paraffin Prices in MEA
- In United Arab Emirates, the Liquid Paraffin Price Index rose by 90.6% quarter-over-quarter, driven by freight.
- The average Liquid Paraffin price for the quarter was approximately USD 1891.33/MT, per regional assessments.
- Container freight surges pushed Liquid Paraffin Spot Price higher, compressing margins and raising landed costs.
- Elevated crude and base-oil inputs sustained Liquid Paraffin Production Cost Trend, supporting stronger seller offers.
- Seasonal tourism and Hajj buying strengthened Liquid Paraffin Demand Outlook, prompting forward purchases by converters.
- Liquid Paraffin Price Forecast indicates modest volatility, with narrow upward bias driven by logistics costs.
- Liquid Paraffin Price Index reflected ample inventories and steady re-exports, which restrained immediate price increases.
- Saudi and Indian suppliers increased allocations after maintenance, stabilising availability despite elevated landed-cost pressures regionally.
Why did the price of Liquid Paraffin change in June 2026 in MEA?
- Container freight escalation sharply raised landed costs, transmitting logistics inflation into Liquid Paraffin domestic pricing.
- Sustained supplier shipments ensured availability, while prior seasonal stockbuilding reduced fresh buying pressure in June.
- UAE dirham stability and comfortable inventories allowed seller discounts, producing mild correction in June prices.
Liquid Paraffin Prices in South America
- In Brazil, Liquid Paraffin Price Index rose 69.10% quarter-over-quarter, driven by freight and export constraints.
- The average Liquid Paraffin price for the quarter was USD 1782.33/MT on CFR Santos basis.
- Liquid Paraffin Spot Price rose in April and May as freight increases constrained cargo availability.
- Liquid Paraffin Price Forecast points to narrow fluctuations with upside risk from freight and crude.
- Liquid Paraffin Production Cost Trend saw minimal feedstock pressure, freight and insurance lifted landed costs.
- Liquid Paraffin Demand Outlook remains steady as personal-care and pharmaceutical sectors maintain consistent replenishment schedules.
- Liquid Paraffin Price Index eased in June as comfortable inventories and buyer negotiations limited momentum.
- US and South Korean runs remained steady, supporting export availability to Brazil despite freight costs.
Why did the price of Liquid Paraffin change in June 2026 in South America?
- Import availability improved as exporters sustained production, increasing inventories and relieving immediate upward price pressure.
- Higher container freight and slight BRL depreciation increased landed import costs, pressuring buyer negotiation flexibility.
- Seasonally softer demand allowed inventories to rebuild, enabling modest supplier price concessions and easing pressure.
Liquid Paraffin Prices in North America
- In North America, the Liquid Paraffin Price Index remained stable to firm during Q2 2026, supported by consistent demand from pharmaceutical, personal care, and industrial sectors. Liquid Paraffin is primarily used in pharmaceutical formulations and laxatives, cosmetics, skincare products, baby oils, ointments, food-grade lubricants, textile processing, plastics, rubber processing, candle manufacturing, veterinary products, and industrial lubricants.
- The Liquid Paraffin Spot Price remained firm throughout the quarter as procurement from pharmaceutical, cosmetics, and personal care manufacturers offset comfortable inventories and steady domestic refinery production.
- The Price Index increased modestly in June 2026 due to firmer crude oil and base oil feedstock prices, higher refining and transportation costs, and resilient demand from healthcare, cosmetics, and industrial lubricant manufacturers, allowing suppliers to maintain higher offers.
- The Liquid Paraffin Price Forecast remains stable-to-firm as healthy demand from pharmaceuticals, personal care, food processing, industrial lubricants, and specialty manufacturing is expected to support market prices over the coming quarters.
- The Liquid Paraffin Production Cost Trend remained firm owing to higher crude oil and mineral oil feedstock costs, refinery operating expenses, energy prices, packaging costs, and freight charges.
- The Liquid Paraffin Demand Outlook remained positive, supported by stable consumption from pharmaceutical products, personal care formulations, cosmetics, industrial lubricants, food-grade applications, textile processing, and rubber manufacturing.
- The Price Index experienced only moderate fluctuations because balanced domestic production and adequate inventories partially offset rising feedstock and logistics costs during the quarter.
- Stable refinery operating rates, resilient downstream procurement, and healthy demand from healthcare and consumer care industries maintained firm market conditions throughout Q2 2026.
Why did the price of Liquid Paraffin change in June 2026 in North America?
- Healthy demand from pharmaceuticals, personal care, and industrial lubricants strengthened the Liquid Paraffin Spot Price, supporting the Price Index.
- Rising crude oil, refinery processing, and freight costs increased the Liquid Paraffin Production Cost Trend.
- Balanced inventories and steady refinery operating rates maintained a positive Liquid Paraffin Demand Outlook.
For the Quarter Ending March 2026
Liquid Paraffin Prices in APAC
- In Thailand, the Liquid Paraffin Price Index rose by 0.7% quarter-over-quarter, reflecting firmer March offers.
- The average Liquid Paraffin price for quarter was approximately USD 964.00/MT, per Laem Chabang assessments.
- Liquid Paraffin Spot Price strengthened in March as Price Index tightened from reduced pharma allocations.
- Liquid Paraffin Production Cost Trend rose with Group II base-oil values firming, lifting FOB offers.
- Liquid Paraffin Demand Outlook improved as personal-care and rubber-glove restocking ahead of Songkran elevated offtake.
- Liquid Paraffin Price Forecast shows limited near-term gains, with upside risk from potential supply disruptions.
- Liquid Paraffin Price Index increases were supported by brisk inventory turnover and stronger export demand.
- Origin suppliers maintained steady operating rates; modest Thai Baht appreciation partially offset higher imported offer.
Why did the price of Liquid Paraffin change in March 2026 in APAC?
- Stronger Group II base-oil values raised origin offers and narrowed pharmaceutical-grade availability, increasing landed costs.
- Firm downstream buying from personal-care and rubber-glove ahead of Songkran lifted offtake and tightened stocks.
- Mumbai berth maintenance lengthened voyages while modest Thai Baht appreciation partially offset higher FOB freight.
Liquid Paraffin Prices in Europe
- In Spain, the Liquid Paraffin Price Index fell by 0.19% quarter-over-quarter, reflecting easier import availability.
- The average Liquid Paraffin price for the quarter was approximately USD 1035.67/MT, reflecting mixed monthly movements.
- Liquid Paraffin Spot Price eased in January and February before tightening into March amid reduced Northwest Europe allocations.
- The Liquid Paraffin Price Forecast shows minor volatility, with short-term upside risk from Gulf-origin logistical disruptions.
- Liquid Paraffin Production Cost Trend remained subdued as feedstock crude differentials and energy costs held broadly steady.
- Liquid Paraffin Demand Outlook is moderate; cosmetics and pharmaceuticals sustained baseline consumption but olive-oil seasonal demand waned.
- Liquid Paraffin Price Index rose sharply in March as EU aromatic limits and refinery unit upgrades constrained prompt barrels.
- Higher coastal inventories and smooth Algeciras discharge schedules pressured seller offers before tightened supplies forced prompt repricing.
Why did the price of Liquid Paraffin change in March 2026 in Europe?
- NW Europe allocation cuts and EU aromatic limits tightened supply, lifting landed costs and offers.
- Stronger euro versus dollar raised dollar invoice offers, prompting exporters defend margins and increase prices.
- Smooth Mediterranean logistics kept freight subdued; geopolitical risks threatened rerouting, insurance rises elevating CFR components.
Liquid Paraffin Prices in MEA
- In the United Arab Emirates, the Liquid Paraffin Price Index rose by 0.47% quarter-over-quarter, reflecting weak demand.
- The average Liquid Paraffin price for the quarter was approximately USD 992.33/MT across Jebel Ali
- Liquid Paraffin Spot Price tightened as imports fell, elevating the Price Index and prompting buying.
- Liquid Paraffin Price Forecast shows upside risk from constrained exports and elevated crude-linked feedstock pressures
- Liquid Paraffin Production Cost Trend rose as base-oil extraction costs increased, compressing refiners' margins further
- Liquid Paraffin Demand Outlook remains steady for pharmaceuticals and personal-care, supporting procurement despite price increases
- Jebel Ali inventory drawdowns tightened spot liquidity, lifting the Liquid Paraffin Price Index amid weak re-exports
- Container freight eased marginally, reducing landed costs, yet geopolitical risk continues to threaten supplies and pricing
Why did the price of Liquid Paraffin change in March 2026 in MEA?
- Key origins diverted volumes domestically, tightening imports and reducing spot parcels arriving into the UAE
- Rising crude and feedstock prices raised extraction expenses, pushing Liquid Paraffin landed costs higher, March
- Container freight softened, but savings could not offset tight supply and stronger base-oil cost pressures
Liquid Paraffin Prices in South America
- In Brazil, the Liquid Paraffin Price Index fell by 0.35% quarter over quarter, driven by import parity easing.
- The average Liquid Paraffin price for the quarter was approximately USD 1054/MT across bonded storage markets.
- Liquid Paraffin Spot Price firmed in March as Asia to Brazil freight rose, pushing landed offers higher nationwide.
- Liquid Paraffin Price Forecast indicates modest near term volatility driven by freight swings and regional import dependence.
- Liquid Paraffin Production Cost Trend remained muted with crude flat, keeping exporter margins stable, offers competitive.
- Liquid Paraffin Demand Outlook stays subdued; personal care and pharmaceutical consumption maintained routine, failing to absorb surplus.
- Liquid Paraffin Price Index volatility linked to container freight and exchange movements influenced importers' purchasing strategies.
- Inventory builds at Santos and earlier cheaper Asia freight widened import parity discount, modestly pressuring domestic offers.
Why did the price of Liquid Paraffin change in March 2026 in South America?
- March freight increased Asia to Brazil by 4.2%, raising landed costs and directly lifting Brazilian offers significantly.
- Brazil's structural shortage and strict ANVISA purity requirements limited supplier pool, reducing near term competitiveness notably.
- Flat crude benchmarks and stable currency meant logistics, not feedstock or forex, drove March pricing.
For the Quarter Ending December 2025
APAC
- In Thailand, the Liquid Paraffin Price Index fell by 0.31% quarter-over-quarter, due to muted demand.
- The average Liquid Paraffin price for the quarter was approximately USD 957.33/MT reflecting steady imports.
- Liquid Paraffin Spot Price remained largely flat; steady imports and normal freight restrained immediate upside.
- Liquid Paraffin Price Forecast points to marginal downside as inventories increase and buyers delay purchases.
- Liquid Paraffin Production Cost Trend remained subdued with group I and II feedstock benchmarks flat.
- Liquid Paraffin Demand Outlook remains muted as personal-care and food segments sustain routine non-expansive orders.
- Liquid Paraffin Price Index was cushioned by punctual cargo arrivals and normal refinery operating rates.
- Rising baht improved buyers' purchasing power, encouraging hand-to-mouth procurement and restraining aggressive restocking across terminals.
Why did the price of Liquid Paraffin change in December 2025 in APAC?
- Sustained imports and punctual cargo arrivals kept inventories comfortable, preventing upward price momentum in December.
- Muted domestic offtake from personal-care and food sectors limited buying interest and discouraged aggressive restocking.
- Stable feedstock benchmarks and flat freight rates reduced cost pass-through, constraining any significant price increases.
Europe
- In Spain, the Liquid Paraffin Price Index rose by 0.45% quarter-over-quarter, reflecting firmer refined-product economics.
- The average Liquid Paraffin price for the quarter was approximately USD 1037.67/MT, based on assessments.
- Liquid Paraffin Spot Price strengthened slightly late-quarter as regional refinery throughput dips tightened prompt availability.
- Liquid Paraffin Price Forecast suggests marginal decreases, with seasonal demand dips offset by import flows.
- Liquid Paraffin Production Cost Trend stayed stable; crude oil traded in narrow range, reducing volatility.
- Liquid Paraffin Demand Outlook points to steady pharma and cosmetic consumption, while industrial demand stays subdued.
- Liquid Paraffin Price Index movements were muted due to comfortable coastal inventories and balanced imports.
- Export demand remained limited; exporters and sellers offered marginally softer quotes as buyers rationalised year-end inventories.
Why did the price of Liquid Paraffin change in December 2025 in Europe?
- Stable pharmaceutical buying supported prices, while modest replenishment failed to create significant upward pressure thereby.
- Balanced imports from Belgium and UAE kept availability ample, reducing sellers' leverage to push prices.
- Steady crude costs and smooth port operations limited production cost volatility and prevented supply shocks.
MEA
- In United Arab Emirates, the Liquid Paraffin Price Index fell by 0.40% quarter-over-quarter, citing imports.
- The average Liquid Paraffin price for the quarter was approximately USD 987.67/MT, with stable costs.
- Liquid Paraffin Spot Price remained capped as steady cargo inflows absorbed arrivals, limiting upward pressure.
- Liquid Paraffin Price Forecast indicates marginal downside amid ample inventories and muted holiday season procurement.
- Liquid Paraffin Production Cost Trend stayed subdued given soft base oil feedstocks and steady freight.
- Liquid Paraffin Demand Outlook remains muted as pharmaceutical and personal care orders tracked routine volumes.
- Liquid Paraffin Price Index shifts were shaped by regular terminal operations and dirham exchange peg.
- Liquid Paraffin Spot Price volatility eased as distributors normalized offers following October crude-related inventory adjustments.
Why did the price of Liquid Paraffin change in December 2025 in MEA?
- Comfortable cargo inflows from India and Saudi Arabia increased availability, reducing spot market scarcity pressures.
- Year-end inventory cover and cautious buyers limited spot purchases, easing near-term demand and price pressure.
- Stable freight and pegged dirham reduced transport and currency pressures, keeping landed costs constrained.
South America
- In Brazil, the Liquid Paraffin Price Index rose by 0.51% quarter-over-quarter, reflecting selective cost pass-through.
- The average Liquid Paraffin price for the quarter was approximately USD 1057.67/MT on reported basis.
- Local Liquid Paraffin Spot Price movements mirrored modest freight shifts and steady import cargo availability.
- Brazilian Liquid Paraffin Price Forecast remains neutral amid balanced imports and muted industrial consumption domestically.
- Liquid Paraffin Production Cost Trend eased as Brent-linked feedstock and freight declines trimmed landed costs.
- Liquid Paraffin Demand Outlook showed selective restocking by pharmaceutical and personal-care buyers supporting spot liquidity.
- Liquid Paraffin Price Index reflected tight distributor inventories amid steady US Korean Indian import flows.
- Major supplier schedules remained regular, port operations fluid, preventing logistic disruptions pushing up quotes significantly.
Why did the price of Liquid Paraffin change in December 2025 in South America?
- Reduced Brent-linked feedstock costs and lower Asia freight trimmed import parity, easing Liquid Paraffin prices.
- Steady import volumes from US, South Korea and India sustained supply, preventing domestic price increases.
- Selective restocking by pharmaceutical and personal-care buyers tightened distributor inventories, modestly supporting near-term spot prices.
For the Quarter Ending September 2025
APAC
- In Thailand, the Liquid Paraffin Price Index fell by 15.51% quarter-over-quarter, driven by global oversupply.
- The average Liquid Paraffin price for the quarter was approximately USD 960.33/MT, reported by importers and distributors.
- Liquid Paraffin Spot Price stayed pressured as competitive regional offers kept landed costs subdued domestically.
- Liquid Paraffin Price Forecast indicates modest stabilization with marginal upside risk as inventories gradually normalize.
- Liquid Paraffin Production Cost Trend softened as lower crude and reduced freight eased refiners' costs.
- Liquid Paraffin Demand Outlook remains steady in pharmaceuticals while consumer segments stay muted amid weakness.
- Liquid Paraffin Price Index performance was weighed by inventories and weak export demand in Q3.
- Regional producers maintained supply with shipments, pressuring margins and prompting distributors to clear excess inventory.
Why did the price of Liquid Paraffin change in September 2025 in APAC?
- Ample imports from Gulf and China increased supply, creating surplus and downward pressure on domestic prices.
- Reduced intra-Asia freight and easing crude costs lowered landed costs, compressing refiners' pricing power further.
- Steady pharmaceutical demand could not offset oversupply, while importers negotiated aggressively to optimize spot purchases.
Europe
- In Spain, the Liquid Paraffin Price Index fell by 10.56% quarter-over-quarter, pressured by global surplus and discounted imports into Spain.
- The average Liquid Paraffin price for the quarter was approximately USD 1033/MT across CFR Algeciras.
- Liquid Paraffin Spot Price weakened as Asian and Middle Eastern offers pressured local distributor margins.
- Liquid Paraffin Price Forecast suggests stabilization over coming months as suppliers adjust offers and inventories.
- Liquid Paraffin Production Cost Trend eased as feedstock and freight costs declined, relieving upward pressure.
- Liquid Paraffin Demand Outlook supportive in pharmaceuticals and personal care, though buyers were price sensitive.
- Inventory build and weak export enquiries pressured the Liquid Paraffin Price Index, prompting distributor discounting.
- Refinery maintenance and selective export curbs may tighten supply, moderating Liquid Paraffin Price Index declines.
Why did the price of Liquid Paraffin change in September 2025 in Europe?
- Asian and Middle Eastern exporters offloaded volumes into Spain, creating oversupply and downward price pressure.
- Lower freight rates and improved shipping reduced procurement costs, enabling purchasers to push offers down.
- Domestic pharmaceutical demand remained steady but insufficient to absorb inventories, preventing price recovery in September.
MEA
- In United Arab Emirates, the Liquid Paraffin Price Index fell by 13.39% quarter-over-quarter, reflecting global oversupply.
- The average Liquid Paraffin price for the quarter was approximately USD 991.67/MT, benefiting importers with lower landed costs.
- Liquid Paraffin Spot Price declined as elevated inventories and easing freight inflation pressured import offers and margins.
- Liquid Paraffin Price Forecast indicates near-term stabilization with modest positive revisions expected as seasonal demand strengthens.
- Liquid Paraffin Production Cost Trend weakened following crude price declines, reducing feedstock pressure on refiners' output economics.
- Liquid Paraffin Demand Outlook remains modest; domestic pharmaceutical growth insufficient to offset broad international oversupply and subdued exports.
- Liquid Paraffin Price Index pressure amplified by weak export demand and competitive regional offers from Asian refiners.
- Stable logistics via Jebel Ali and lower freight rates facilitated timely imports, sustaining distributor inventories at controlled levels.
Why did the price of Liquid Paraffin change in September 2025 in MEA?
- Global oversupply and inventory accumulation pressured CIF import offers, driving down Liquid Paraffin prices in MEA.
- Crude price declines and easing freight inflation reduced Liquid Paraffin Production Cost Trend and seller price expectations.
- Domestic pharmaceutical demand growth remained insufficient against export weakness, limiting buying activity and sustaining price pressure.
South America
- In Brazil, the Liquid Paraffin Price Index fell by 10.3% quarter-over-quarter due to global oversupply.
- The average Liquid Paraffin price for the quarter was approximately USD 1052.33/MT, reflecting import-driven softness.
- Liquid Paraffin Spot Price softened as exporters aggressively discounted offers, pressuring local sellers and margins.
- Liquid Paraffin Price Forecast points to gradual stabilization as inventories normalize and seasonal demand improves.
- Liquid Paraffin Production Cost Trend remained muted due to stable feedstock and improved freight economics.
- Liquid Paraffin Demand Outlook shows steady pharmaceutical consumption but remains insufficient to absorb import surplus.
- Price Index volatility eased as buyers disciplined purchasing and distributors offered discounts to clear inventories.
- Domestic blenders sustained operations, maintaining supply reliability despite import competition and limited recent largely manageable logistical challenges.
Why did the price of Liquid Paraffin change in September 2025 in South America?
- Surplus global inventories prompted exporters to cut prices, encouraging imports and pressuring domestic Price Index.
- Lower feedstock costs and improved freight reduced landed costs, enabling importers to offer competitive prices.
- Domestic demand stayed steady but could not offset rising imports, sustaining downward pressure through September.
North America
- The Price Index of Liquid Paraffin in North America witnessed a moderate decline through Q3 2025, primarily due to falling crude oil and base oil values across the region.
- The Liquid Paraffin Spot Price trended lower as supply conditions remained comfortable amid sluggish downstream offtake.
- Prices decreased in September 2025, driven by reduced feedstock mineral oil costs and subdued demand from personal care and pharmaceutical sectors. Additionally, refineries maintained consistent production levels, leading to stable inventories and pressuring sellers to offer discounts.
- The Liquid Paraffin Production Cost Trend reflected softening due to lower energy prices and stable freight rates. However, limited turnarounds at refinery units ensured adequate supply across North America.
- Demand Outlook: The Liquid Paraffin Demand Outlook for Q4 2025 suggests a gradual recovery supported by festive season manufacturing and restocking in cosmetic and healthcare industries. The Liquid Paraffin Price Forecast indicates marginal improvement as consumption picks up toward year-end.
