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2024 candles market in Nov ,sea freight and paraffin wax

2024-11-14

The year 2024 is coming to an end, and so will the Chinese New Year. Our factory is also working overtime to complete each order.

At this time of each year, from the end of October, freight begins to rise, raw materials begin to rise, and the market is in a tight state. At this time, we can still ship new Candle orders in November before the year.

Even if the price of paraffin has soared, we also have a good strategy to deal with it, we will store some raw materials every year to resist the risk.

Now rising dollars does more good than harm for exporters. Overall, the export price of candles is still good.

However, for import-dependent enterprises, the pressure of rising costs cannot be ignored. They need to find new suppliers or negotiate better terms of contract to mitigate the impact of currency movements. In addition, companies should consider diversifying markets to reduce reliance on the single currency, thus reducing risk.

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