Difficulties with shipments from Asia

04.01.2021

Due to the shortage of containers, there are delays in deliveries from Asia. Consequently, shipping prices have reached record levels -  they are even 4-5 times higher than in normal times.
As a result, we can expect a rise in the prices of Chinese paraffin and palm wax. We can also count on a shortage of these materials. We therefore expect we will see a rise in prices or even unavailability of some European waxes based on e.g. palm fractions.