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Paraffin Wax Pricing Trend and Forecast - Noida
Tuesday, 6 December, 2022
Item details
City:
Noida, Uttar Pradesh
Offer type:
Offer
Item description
The Paraffin Wax Pricing showed a plunging trend throughout Quarter 3 of 2022, backed by the weak domestic demand fundamentals from the downstream candle-making and cosmetics segment. Moreover, upstream crude oil price volatility and supply disturbances squeezed the output of the product during this Quarter amidst western sanctions on the Russian supply chain at the termination of July. Besides, Chinese port congestion against bad weather limited supplies to the USA of Paraffin Wax. In addition, US trade activities were disrupted in September 2022 due to the congestion at Felixstowe and Liverpool port due to a wage dispute. Thus, it affected the cargo momentum of the commodity during the Q3 of 2022 and squeezed the availability of inventories.
For more information
E-Mail:- sales@chemanalyst.com
websites:- httpswww.chemanalyst.com/Pricing-data/paraffin-wax-1205
Contact No:- +13322586602
For more information
E-Mail:- sales@chemanalyst.com
websites:- httpswww.chemanalyst.com/Pricing-data/paraffin-wax-1205
Contact No:- +13322586602
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