Global Paraffin Wax Procurement Guide by Country/Region

Definition of "Cheap Traps" Some Suppliers often lure customers with initial quotes 10-20% lower than China (e.g., 850/MT vs. China’s 950), but these "low prices" mask significant hidden risks and costs, leading to higher total expenses or even supply chain disruptions over time.

Cost Leadership: China dominates global paraffin wax production (more then 40% market share), driven by competitive pricing due to economies of scale and government subsidies.