Europe semi-refined paraffin wax prices slip on Poland/Belarus border

12 June 2013 23:59  [Source: ICIS news]

LONDON (ICIS)--Semi-refined paraffin wax prices have fallen €5/tonne ($7/tonne) on the Poland/Belarus border this week amid ample supply, market sources said on Wednesday.

A steady rise in semi-refined wax demand is being overshadowed by abundant supplies on the Poland/Belarus border, as railcars wait to unload material.

Certain buyers are targeting lower values and prices are under pressure.

Prices eased by €5/tonne at the high end this week to €800-825/tonne CPT (carriage paid to) Poland/Belarus border, as assessed by ICIS.

($1 = €0.75)

By: Carl Roache
+44 20 8652 3214

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly