Palm Wax prices decline amid improved supply and market stability in Delhi | |
Palm wax prices in the Delhi market have witnessed a slight drop, driven by improved local availability and steady global supply. Prices have fallen from Rs.148/kg on May 2, 2025, to Rs.145/kg today. This development has sparked discussions in industries such as candle making and decorative doll production, where palm wax is a key input. Local traders report that stock levels are currently higher than usual, while purchasing activity remains sluggish, adding downward pressure on the market. Globally, the palm oil supply has increased, largely due to a 2.2 million tonne rise in production from Indonesia. This surge has boosted availability in the international market, contributing further to the price correction observed locally. With ample supply and limited demand, market players anticipate continued softness in palm wax prices in the near term, Palm wax Prices In India, Indianpetrochem, Indian Palm wax Prices, Indian Prices Palm wax. #Palmwaxpricesinindia #Indianpetrochem #IndianPalmwaxprices #IndianpricesPalmwax | |
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Target Nation: All Nations Target City : Delhi, Ahamdabad and Mumbai Last Update : 09 May 2025 12:37 PM Number of Views: 7 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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