Palm Wax Prices In India | |
Recently, there has been a significant decline in prices in the Mumbai palm wax market, a departure from the steady increase seen over the past several weeks. This decline can be attributed to challenges in the palm wax supply chain, which is impacting both entrepreneurs and consumers.Palm wax prices have seen a steady rise during the last month. However, on February 15, a decline of Rs 2 per kg was seen in the prices in Mumbai market, taking the price to Rs 100 per kg. This adjustment is notable and comes after an extended period of consistent growth.Price fluctuations are often influenced by changes in production costs. Nevertheless, market sentiment suggests the possibility of further price declines in the future.Palm wax, also known as carnauba wax, is a vegetable wax obtained from the leaves of the Brazilian palm tree, scientifically known as Copernicia prunifera. It has applications in a variety of industries including candle manufacturing, food industry, pharmaceuticals and arts and crafts supplies. | |
Target State: All States Target City : All Cities Last Update : 18 February 2024 4:51 PM Number of Views: 67 | Item Owner : indianpetrochem Contact Email: (None) Contact Phone: (None) |
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