Semi-refined p-wax supply issues ease at Polish border

20 November 2013 17:47  [Source: ICIS news]

LONDON (ICIS)--Limited availability of semi-refined paraffin wax (p-wax) on the Poland-Belarus border eased this week, sources said on Wednesday.

Shipments arriving from Lukoil and en route from Rosneft, both Russian producers, improved the semi-refined wax supply to the region.

“The supply has increased so we can fulfil demand. In the following week it will be completely balanced,” said one Polish trader. “Shipments are on the way.”

Trading in semi-refined wax remains  quiet, with another source saying the dollar-zloty exchange rate was making it difficult to bring semi-refined wax from Poland into northwest Europe while maintaining a worthwhile margin.

By: Richard Welbirg
+44 208 652 3214

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