Palm wax prices fall in Mumbai market (Business Opportunities - Marketing & Sales)
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Item ID 9712100 in Category: Business Opportunities - Marketing & Sales
Palm wax prices fall in Mumbai market | |
Palm wax prices are seeing a slight decline in the Mumbai chemical market, the main reason for which is the improvement in global and local supply. While its price was Rs.143/kg on May 2, 2025, now on May 8, 2025, it has come down to Rs.140/kg. According to experts, this change remains a topic of discussion in the candle manufacturing and decorative items making industries. Traders say that the stock level is higher than normal, while the pace of purchase remains slow, which has increased bearish pressure on the market. There has also been an increase in the supply of palm oil internationally. A production increase of 2.2 million tonnes in Indonesia has increased the availability in the global market, putting pressure on prices. This is also having a direct impact on the prices of palm wax. If this trend continues, further decline is possible in the coming weeks, especially if the demand does not improve, Palm wax Prices In India, Indianpetrochem, Indian Palm wax Prices. #Palmwaxpricesinindia #Indianpetrochem #IndianPalmwaxprices | |
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| Target Nation: All Nations Target City : Delhi, Ahamdabad and Mumbai Last Update : 08 May 2025 3:50 PM Number of Views: 4 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-05-09 (0.223 sec)