For the Quarter Ending June 2026
Paraffin Wax Prices in North America
- In USA, the Paraffin Wax Price Index rose by 8.27% quarter-over-quarter, reflecting elevated import costs.
- The average Paraffin Wax price for the quarter was USD1461.33/MT based on CFR data reported.
- Paraffin Wax Spot Price pressured by cheaper Asian cargoes and muted domestic procurement this quarter.
- Paraffin Wax Price Forecast shows volatility with spikes linked to freight increases and geopolitical risk.
- Paraffin Wax Production Cost Trend eased as WTI feedstock softened, reducing refinery cost support currently.
- Paraffin Wax Demand Outlook muted amid seasonal slowdowns and cautious purchasing by candle, packaging sectors.
- Paraffin Wax Price Index showed volatility reflecting freight cost swings and Asian export offer adjustments.
- Inventory builds and steady import arrivals limited upside, constraining Paraffin Wax Price Index appreciation potential.
Why did the price of Paraffin Wax change in June 2026 in North America?
- Easing WTI feedstock prices in June reduced production cost support for refined paraffin wax domestically.
- Lower-priced Asian export offers and steady import arrivals increased availability, pressuring domestic landed paraffin wax.
- Container freight volatility and elevated logistics premiums offset feedstock relief, moderating June paraffin wax declines.
Paraffin Wax Prices in APAC
- In South Korea, the Paraffin Wax Price Index rose by 8.59% quarter-over-quarter, supply-cost drivers evident.
- The average Paraffin Wax price for the quarter was approximately USD 1336.33/MT, reflecting import parity.
- Paraffin Wax Spot Price weakened as abundant Chinese export cargoes pressured CFR Busan Price Index.
- Paraffin Wax Price Forecast indicates near-term softness before autumn restocking potentially supporting modest recovery ahead.
- Paraffin Wax Production Cost Trend eased as crude-linked slack-wax feedstock costs declined, compressing seller margins.
- Paraffin Wax Demand Outlook muted with candle and packaging sectors limiting procurement to essential volumes.
- Paraffin Wax Price Index movements reflected freight surcharges, geopolitical risk premia, and Chinese export allocations.
- Inventory overhang and steady seaborne arrivals capped upside, while limited maintenance could tighten availability temporarily.
Why did the price of Paraffin Wax change in June 2026 in APAC?
- Abundant Chinese export cargoes increased supply into Busan, creating downward pressure despite elevated freight premiums.
- Crude-linked feedstock costs eased, lowering production economics and enabling Chinese exporters to reduce FOB offers.
- Muted downstream demand and comfortable inventories encouraged hand-to-mouth buying, weakening spot inquiries and price support.
China
- In China, the Paraffin Wax Price Index rose by 8.609% quarter-over-quarter, reflecting higher crude costs.
- Paraffin Wax Spot Price eased in June as WTI weakness lowered costs and pressured offers.
India
- In India, the Paraffin Wax Price Index rose by 16.87% quarter-over-quarter, driven by freight pressures.
- Paraffin Wax Spot Price remained volatile after freight spikes and crude weakness narrowed replacement margins.
Paraffin Wax Prices in Europe
- In Germany, the Paraffin Wax Price Index rose by 7.11% quarter-over-quarter, reflecting feedstock-driven upward pressure.
- The average Paraffin Wax price for the quarter was approximately USD 1892.33/MT across Hamburg assessments.
- Paraffin Wax Spot Price remained volatile as competitive Asian imports pressured landed offers into Hamburg.
- Paraffin Wax Price Forecast indicates modest summer softening followed by autumn restocking boosting near-term demand.
- Paraffin Wax Production Cost Trend eased after Brent declined enabling exporters to lower Hamburg offers.
- Paraffin Wax Demand Outlook stayed muted; candle and packaging buyers limited purchases to immediate needs.
- Paraffin Wax Price Index movements reflected ample imports and intensified seller competition across European origins.
- Paraffin Wax Spot Price sensitivity rose amid geopolitical shipping risk and freight and insurance premiums.
Why did the price of Paraffin Wax change in June 2026 in Europe?
- Feedstock costs fell as Brent weakened, reducing slack-wax acquisition costs for Asian exporters, lowering offers.
- Competitive arrivals from China and Turkey increased supply into Hamburg, pressuring offers and spot liquidity.
- Weak procurement in candles and packaging left inventories ample, limiting buyer willingness to pay premiums.
UK (United Kingdom)
- In UK (United Kingdom), the Paraffin Wax Price Index rose by 5.79% quarter-over-quarter, feedstock rises.
- Paraffin Wax Spot Price remained pressured by abundant imports, restraining supplier bargaining power across UK
For the Quarter Ending March 2026
Paraffin Wax Prices in North America
- In the USA, the Paraffin Wax Price Index rose by 1.12% quarter-over-quarter, reflecting modest import tightening.
- The average Paraffin Wax price for the quarter was approximately USD 1349.67/MT, indicating stable weighted pricing.
- Paraffin Wax Spot Price showed limited volatility amid balanced inventories and steady container freight declines recently.
- Paraffin Wax Price Forecast expects modest near-term gains as post-holiday restocking offsets comfortable onshore inventories currently.
- Paraffin Wax Production Cost Trend tightened with crude-linked feedstock increases and war-risk insurance inflating landed costs.
- Paraffin Wax Demand Outlook shows subdued candle buying but stable packaging and adhesive consumption supporting offtake.
- Paraffin Wax Price Index reflected swings as import allocations and freight disruptions altered replacement cost dynamics.
- Paraffin Wax Spot Price and Price Index volatility climbed amid rerouted shipments and elevated insurance premiums increasing landed costs.
Why did the price of Paraffin Wax change in March 2026 in North America?
- Supply from China tightened due to Strait disruptions, raising landed costs and limiting arbitrage volumes.
- Crude oil surged, increasing production costs and prompting exporters to lift offers while reducing discounting.
- Freight and insurance premiums rose, elongating lead times and constraining immediate availability for Gulf importers.
Paraffin Wax Prices in APAC
- In South Korea, the Paraffin Wax Price Index rose by 2.67% quarter-over-quarter, reflecting tighter imports.
- The average Paraffin Wax price for the quarter was approximately USD 1230.67/MT, per market assessment.
- Paraffin Wax Spot Price remained range-bound, while the Price Index indicated balanced supply and imports.
- Paraffin Wax Production Cost Trend rose due to crude and war-risk insurance, lifting export offers.
- Paraffin Wax Demand Outlook remained muted as candle and packaging buyers purchased hand-to-mouth post-holiday inventories.
- Paraffin Wax Price Forecast sees modest volatility as geopolitical tensions and offer adjustments influence CFR.
- Paraffin Wax Price Index rose in March due to constrained Chinese flows and elevated freight.
- Paraffin Wax export demand softened amid logistical bottlenecks, while Korean inventories remained sufficient, capping upside.
Why did the price of Paraffin Wax change in March 2026 in APAC?
- Tighter Chinese export offers and elevated freight tightened availability, transmitting supply-side pressure into Korean markets.
- Rising crude and war-risk insurance increased production costs, prompting Chinese refiners to lift export offers.
- Port congestion and longer voyage times delayed shipments, limiting replenishment and accelerating importer restocking urgency.
Paraffin Wax Prices in Europe
- In Germany, the Paraffin Wax Price Index rose by 4.85% quarter-over-quarter, reflecting winter tightness, constraints.
- The average Paraffin Wax price for the quarter was approximately USD 1766.67/MT from Hamburg trades.
- Paraffin Wax Spot Price recorded volatility in March as the Price Index absorbed crude and freight shocks.
- Paraffin Wax Price Forecast indicates near-term gains, constrained by ample inventories and cautious downstream purchasing.
- Paraffin Wax Production Cost Trend strengthened with higher crude-linked feedstock and insurance and freight premiums.
- Paraffin Wax Demand Outlook remains subdued, with candle and packaging restocking insufficient to spur rallies.
- Paraffin Wax Price Index gains amplified by tighter imports, port delays, arbitrage flows from Asia.
- Domestic refinery output stability, uninterrupted UK-China shipments limited seller pricing power amid logistical cost inflation.
Why did the price of Paraffin Wax change in March 2026 in Europe?
- Winter-related port delays and icy operations restricted timely imports, tightening immediate available inventories.
- Crude-linked feedstock inflation plus war-risk insurance and routing increased landed costs for European CFR shipments.
- Downstream restocking remained cautious, with buyers resisting aggressive purchases, amplifying price sensitivity despite supply tightness.
For the Quarter Ending December 2025
North America
- In USA, the Paraffin Wax Price Index fell by 1.3% quarter-over-quarter, reflecting weak import parity
- The average Paraffin Wax price for the quarter was approximately USD 1334.67/MT, reflecting balanced supply
- Paraffin Wax Spot Price weakened due to competitive Asian offers and ample Gulf Coast inventories
- Paraffin Wax Price Forecast suggests modest December gains as holiday demand supports replacement-cost pass-through incrementally
- Paraffin Wax Production Cost Trend firmed slightly as crude-linked feedstock and freight increased replacement economics
- Paraffin Wax Demand Outlook stays cautious with candle makers and packaging buyers favoring short-cycle procurement
- Paraffin Wax Price Index showed minor firmness in December as holiday buying offset soft demand
- Elevated Gulf Coast inventories and competitive Chinese offers constrained seller pricing power amid export inquiry
Why did the price of Paraffin Wax change in December 2025 North America?
- Competitive Asian imports and ample Gulf Coast inventories reduced spot urgency, pressuring domestic parity levels
- Rising replacement and freight costs widened delivered economics, encouraging sellers to lift offers into December
- Holiday buying from candle and packaging sectors firmed demand, but buyers remained cautious over restocking
APAC
- In South Korea, the Paraffin Wax Price Index fell by 0.42% quarter-over-quarter, reflecting balanced supply and cautious buying.
- The average Paraffin Wax price for the quarter was approximately USD 1198.67/MT, underpinned by imports and stable throughput.
- Paraffin Wax Spot Price remained range-bound amid predictable Chinese inflows and refinery run-rates keeping prompt availability ample.
- Paraffin Wax Price Forecast projects modest volatility; Price Index stability driven by balanced inventories and cautious buyer behaviour.
- Paraffin Wax Production Cost Trend showed limited upward pressure after minor crude fluctuations, removing significant cost-push support.
- Paraffin Wax Demand Outlook remains subdued with seasonal candle buying offset by cosmetic export-driven replenishment and cautious procurement.
- Paraffin Wax Price Index reflected steady parity as high inventories and competitive imported cargoes constrained seller pricing power.
- Paraffin Wax Price Forecast risks rise before Lunar New Year due to potential shipping delays and shutdowns.
Why did the price of Paraffin Wax change in December 2025 in APAC?
- Balanced runs and predictable Chinese imports prevented spot tightness, keeping December Paraffin Wax values stable.
- Moderate demand due to cautious procurement and completed pre-holiday restocking reduced buying pressure in December.
- Freight delays lengthened lead times but did not materially disrupt supply, limiting December price upside.
Europe
- In Germany, the Paraffin Wax Price Index fell by 1.86% quarter-over-quarter, reflecting softer industrial demand.
- The average Paraffin Wax price for the quarter was approximately USD 1685.00/MT, reflecting steady inventories.
- Paraffin Wax Spot Price remained range-bound amid balanced imports, constrained speculative interest, and terminal inventories.
- Paraffin Wax Price Forecast expects upside as seasonal candle demand and higher freight-adjusted replacement costs.
- Paraffin Wax Production Cost Trend showed upward pressure from crude-linked feedstock and container freight indices.
- Paraffin Wax Demand Outlook remains supported by cosmetics and candle procurement despite weaker industrial purchases.
- Paraffin Wax Price Index was muted as high terminal inventories and Asian offers constrained upside.
- Export demand softened while domestic stocks and improved logistics maintained supply, limiting sellers' pricing power.
Why did the price of Paraffin Wax change in December 2025 in Europe?
- Seasonal candle-sector buying and precautionary restocking increased demand, supporting December Paraffin Wax price gains slightly.
- Rising crude-linked feedstock costs and freight-adjusted replacement values pushed import parity higher across European hubs.
- Shipping delays and elevated container rates lengthened lead times, prompting buyers to secure prompt cargoes.
For the Quarter Ending September 2025
North America
- In the USA, the Paraffin Wax Price Index rose 1.6% quarter-over-quarter due to freight and supply constraints.
- The average Paraffin Wax price for the quarter was approximately USD 1352.33/MT, based on CFR-Houston deliveries.
- Paraffin Wax Spot Price remained range-bound, inventory limited, while freight disruptions elevated landed costs for importers.
- Paraffin Wax Price Forecast suggests mild volatility as seasonal buying offsets softer global export offers.
- Paraffin Wax Production Cost Trend softened after crude oil dip, lowering feedstock pressures for Asian exporters.
- Paraffin Wax Demand Outlook remains cautious with downstream sectors subdued, limiting aggressive buying despite seasonal procurement.
- Paraffin Wax Price Index shows modest quarterly gain amid tight availability, port congestion affecting allocations.
- Participants report steady refinery operations, substitution risk from synthetic wax constrains upside for imported wax prices.
Why did the price of Paraffin Wax change in September 2025 in North America?
- Increased Chinese export availability eased supply, reducing immediate upward pressure despite seasonal pre-holiday buying activity.
- Elevated freight costs and port congestion intermittently raised landed costs, supporting occasional prompt-market firmness in September.
- Muted downstream demand and inventory draws limited aggressive purchases, allowing import offers to pressure prices downward.
APAC
- In South Korea, the Paraffin Wax Price Index rose by 0.64% quarter-over-quarter, due to port congestion.
- The average Paraffin Wax price for the quarter was approximately USD 1203.67/MT, reflecting balanced supply conditions.
- Paraffin Wax Spot Price firmed mid-September as holiday off-take and candle export orders increased demand.
- Paraffin Wax Price Forecast anticipates modest movement amid easing freight and fluctuating feedstock cost pressures.
- Paraffin Wax Production Cost Trend rose with crude-linked inputs then eased as refinery outputs stabilized.
- Paraffin Wax Demand Outlook remains steady as candle and packaging sectors maintain consistent, subdued procurement.
- Paraffin Wax Price Index showed limited volatility because inventories and diversified sourcing mitigated congestion impacts.
- Inventory positions remained adequate while easing intra-Asia freight lowered landed cost pressure, restraining price upside.
Why did the price of Paraffin Wax change in September 2025 in APAC?
- Logistical relief reduced port congestion leading to improved vessel turnaround and restored import supply availability.
- Eased freight and steady refinery outputs lowered landed costs, translating into downward pressure on imports.
- Subdued domestic demand allowed buyers to defer purchases, temporarily weakening short-term upward price momentum further.
Europe
- In Germany, the Paraffin Wax Price Index fell by 0.64% quarter-over-quarter, reflecting improved import availability.
- The average Paraffin Wax price for the quarter was approximately USD 1717.00/MT, reflecting stable quarterly market conditions.
- Paraffin Wax Spot Price remained subdued amid balanced inventories and steadier freight, limiting upward valuation.
- Paraffin Wax Price Forecast indicates volatility ahead as import flows and refinery maintenance influence supplies.
- Paraffin Wax Production Cost Trend reflected increases from freight and tariffs despite softer crude oil.
- Paraffin Wax Demand Outlook remains steady, supported by candles, packaging and cosmetics, with cautious procurement.
- Inventories tightened while export demand fluctuated, and select refineries completed maintenance, stabilizing the Price Index.
- Shipping constraints and potential GRIs prompted expedited buying earlier, sustaining procurement and regional market balances.
Why did the price of Paraffin Wax change in September 2025 in Europe?
- Improved import availability and resolved refinery disruptions increased supply, exerting downward pressure on regional prices.
- Weaker crude and softer freight eased costs, but import tariffs and charges constrained price reductions.
- Blank sailings and cautious buyer procurement reduced available imports, prompting buying and supporting spot stability.
