Liquid Paraffin Prices | Pricing | Trend | News | Database | Chart | Forecast
Liquid Paraffin Prices a widely used petroleum derivative, has seen varying price trends across global markets due to a range of factors, from crude oil price fluctuations to shifts in supply and demand. This highly refined mineral oil, used in industries such as cosmetics, pharmaceuticals, and machinery lubrication, is affected by geopolitical tensions, global economic shifts, and environmental policies, leading to volatility in pricing. As the world continues to navigate the complexities of supply chain disruptions and energy transitions, understanding the factors influencing liquid paraffin prices becomes crucial for businesses and consumers alike. One of the primary drivers of liquid paraffin prices is the cost of crude oil, its raw material. Crude oil is subject to international market forces, where prices can be highly volatile due to geopolitical instability, natural disasters, and changes in production levels among key producers like OPEC countries. When crude oil ...