Paraffin wax Europe

ICIS produces the only paraffin wax price report in the market. It reports weekly on prices as they go up and down.

The ICIS report is used as a benchmark for the industry. Candle-makers that buy paraffin wax, for instance, will negotiate a contract with their suppliers and they will make reference to the ICIS published price in their contract.

The report itself is split into two sections. The first covers domestic prices for the three different melt points of wax that are most commonly used. The second section deals with imports to Europe, typically from Russia, China and occasionally from the US.

Anyone who is buying or selling paraffin wax needs to read the ICIS report to understand the challenges and complexities of the market.

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ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide.  Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.

Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.

Over 25 years of reporting on key chemicals markets, including Paraffin wax, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity.  Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.