Paraffin wax prices, markets & analysis

ICIS offers up-to-date reliable pricing information on the Paraffin wax market weekly in Asia, Europe and the US. Our comprehensive reports cover domestic and spot price assessments while commentary gives an overview detailing the factors that influence price moves.

If you are involved in this industry, you can use our news and analysis to help support those vital business choices.

What's happening in the Paraffin wax market?

Our editor gives their expert view

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Paraffin wax Overview Transcript


There are many uses for paraffin wax from cosmetics through to packaging. However the production of candles is by far the largest consuming sector for paraffin wax.


Paraffin wax is derived from slack wax, a by-product of Group 1 Base Oil production and is classified according to oil content, melting point and the amount of processing put in. There is little investment in Group 1 Base Oils production because of shifting global demand patterns.


Moreover paraffin wax faces challenges from possible natural alternatives such as soy and palm oil.


The price of paraffin wax can be influenced by upstream factors such as crude oil price fluctuations. In addition, demand for paraffin wax and candles can be influenced by wider economic concerns. These challenges along side the global nature of the business make it a complex market place.


Anyone involved in the paraffin wax business who wants to understand what is happening should read the ICIS report .

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Market overview
News & analysis

Paraffin wax news and market information products from ICIS

We offer the following regional Paraffin wax analysis and news coverage to keep you informed of factors and developments affecting prices in the Paraffin wax marketplace.

  • Price reporting

    Price Reporting – More information about the price reports we publish on Paraffin wax

    Independent price assessments and market coverage by region

  • Price history

    Price History – More information about the historical price data we publish on Paraffin wax

    Track historical price data

  • News & analysis

    News & Analysis - News & market analysis specifically relating to Paraffin wax

    Breaking news of latest developments affecting the markets.

    Insight and analysis of factors driving prices.

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