Newsroom

In this week, price of paraffin wax was not fluctuating, and the whole market was running steadily. The domestic market trading situation was with nothing remarkable, and current export volume mainly goes to Southeast Asian markets, for Europe and the United States market, the volume has been decreased, but the overall export market remains stable.

For the domestic market, considering the existing difference of market price as well as different market share, low-price paraffin waxes has obvious advantage of competition. The prediction of the further market is optimistic, and the wait-and-see sentiment is still strong.

We are expecting that the market price will remain stable in the near future, and the supply and demand remains stable as well.

Each year, Hong Chang International offers several opportunities for current and future customers, as well as partners, consultants, and users, to learn more about HCI Wax solutions.
Each year, Hong Chang International offers several opportunities for current and future customers, as well as partners, consultants, and users, to learn more about HCI Wax solutions.

Market news on Sep 29 2015

Date:May 08,2016

In Asia With the coming of National Day holiday, the Chinese wax price rise significantly, on the one hand, the Sinopec made the decision that the price will be go up after holiday, on the other hand the PetroChina still kept price stable.

Market news on Oct 16 2014

Date:May 08,2016

Asia As the crude oil prices are going through severe losses in the market spot paraffin wax prices were stable to soft . Major Chinese traders are waiting for the refineries to fall the prices even better , they are not intend to purchase any cargoes

Market news on Oct 10 2015

Date:May 08,2016

In Asia After the National Day holiday, Chinese paraffin wax price is going up as expected before. Several refineries planed to stop producing for overhaul in October. The low melting point wax is still in tight supply.

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