According to HengYI company learned,in Oct, the export volume of paraffin wax is 5.29t, which is 11.33% increased comparing Sep, and 39.3% increase from the same period of last year. The market currently is considered as low season, even though it is popular than last year. From Jan to Oct, the export volume was considered to fluctuate mildly at low level, since the demand from Euro and America decreased while the RMB exchange rate increased significantly, while the total production of refineries dropped apparently comparing last year. The current situation of global economy is complex, and America tends to increase its Fed rate. These brought negative impacts on global finance market and price stability of commodity products. Meanwhile, western countries frequently charge anti-dumping tax on China’s paraffin wax products, such as candles, which significantly affected the export business of paraffin wax.

FUSHUN HENGYI Petro & Chemical Co., Ltd, established in 2006,Our company offers wide ranged fully refined and semi-refined paraffin wax with melting degree from 54# to 66# in various forms. We provide packages in categories of plastic bags, boxes weighted in 25kg and tone with and without pallet. You can get more information via:Tel: +86 24 58308799