Indian Palm Wax prices
Palm Wax moved lower in the Delhi domestic market this week, with the price assessed at Rs 127.00/kg. The product declined by Rs 4.00/kg from last week’s Rs 131.00/kg and has now fallen Rs 8.00/kg over the past fortnight. Indian Palm Wax prices are also down Rs 5.00/kg from the previous month, reflecting a steady near-term correction.
The three-month and six-month comparisons still show positive movement, with Palm Wax up Rs 10.00/kg over three months and Rs 17.00/kg over six months. This places the current decline within a broader market that had earlier moved higher. The latest level is close to the recent low of Rs 117.00/kg, while resistance is marked near Rs 135.00/kg. Indian Palm Wax prices are therefore trading inside a visible band, with market participants watching whether the Delhi quote stays above the lower range marker. Palm Wax prices in India continue to show moderate volatility, with short-term weakness balanced against longer-term gains.
Read the full verified update on IndianPetrochem.com.












