Located in the northeastern region of India, Assam is home to one of the country’s major oil refineries Numaligarh Refinery Limited (NRL). Among the many petroleum-based products it produces, paraffin wax stands out as a significant commodity due to its varied uses in industries such as candle making, pharmaceuticals, packaging, and cosmetics. In recent years, the NRL paraffin wax price in Assam has drawn interest from businesses and traders seeking consistent supply and cost-efficiency. Understanding the factors influencing pricing, market demand, supply chains, and availability can help both industrial buyers and smaller traders make informed decisions.
Overview of NRL and Paraffin Wax Production
Numaligarh Refinery Limited in Assam
NRL, based in the Golaghat district of Assam, is a government-owned enterprise operating under Oil India Limited. The refinery is equipped with modern processing technologies and has established a strong reputation for producing high-quality paraffin wax among other petroleum products. Paraffin wax manufactured by NRL is well-regarded for its purity and low oil content, making it suitable for a wide range of applications.
Paraffin Wax Grades and Applications
NRL typically offers two main types of paraffin wax:
- Fully Refined Paraffin Wax commonly used in cosmetics, pharmaceuticals, and food packaging due to its high purity.
- Semi Refined Paraffin Wax suitable for applications like candle production, board lamination, and industrial coatings.
The pricing of these grades can vary depending on their intended industrial use and quality requirements.
Current NRL Paraffin Wax Price in Assam
Price Range and Fluctuations
As of November 2024, the average NRL paraffin wax price in Assam ranges from â¹110 to â¹135 per kilogram for fully refined wax. Semi refined wax is usually priced slightly lower, between â¹95 and â¹115 per kilogram. These rates can vary slightly depending on the supplier, order quantity, and packaging preferences.
Prices are typically quoted ex-refinery, meaning buyers may need to account for additional transportation costs based on their location in Assam or neighboring states. Large-volume buyers often negotiate lower rates or benefit from wholesale pricing directly through authorized NRL dealers or bulk distributors.
Factors Influencing Pricing
Several factors affect paraffin wax prices in Assam:
- Crude Oil Prices: As a petroleum byproduct, paraffin wax prices closely follow fluctuations in global crude oil rates.
- Seasonal Demand: The demand for paraffin wax tends to increase during festive seasons and winter months due to higher consumption in candle manufacturing and packaging.
- Transportation Costs: Fuel prices, distance from the refinery, and logistics challenges can influence the final landed cost.
- Currency Exchange Rates: For international buyers or exporters, shifts in the value of the Indian Rupee can impact purchasing costs.
- Government Taxes and Duties: GST and other local taxes also contribute to final price variations.
Market Demand for Paraffin Wax in Assam
Industrial Usage in the Region
In Assam, paraffin wax is commonly used by local manufacturers engaged in candle making, polishes, waterproofing, and rubber processing. The presence of small-scale industries and cottage units supports a consistent domestic demand. Additionally, paraffin wax is an essential component in some Ayurvedic preparations, balms, and cosmetics, further driving local consumption.
Export Potential and Regional Trade
Assam’s proximity to neighboring countries like Bangladesh, Bhutan, and Nepal makes it a strategic location for exporting paraffin wax. Traders in the region often purchase in bulk from NRL and supply to border states and countries where demand is rising. NRL’s product quality and competitive pricing give it a distinct advantage in these international and inter-state trade routes.
How to Purchase NRL Paraffin Wax in Assam
Authorized Dealers and Distributors
NRL has an established network of dealers across Assam and the northeastern region. These dealers manage distribution and ensure product availability to local buyers. Businesses interested in procurement can approach authorized distributors, which helps ensure product authenticity and price transparency.
Online Price Inquiries and Bulk Orders
Prices are not always fixed across months. Buyers are advised to regularly check with NRL’s sales department or distributor websites to stay updated on current paraffin wax prices. For large-scale procurement, companies often require formal quotations, product samples, and delivery timelines. It’s advisable to negotiate directly for better rates and delivery commitments.
Tips for Buyers in Assam
- Compare rates across multiple distributors to ensure competitive pricing.
- Verify the wax grade and purity according to your production requirements.
- Place orders in advance during high-demand seasons like Diwali or Christmas.
- Request test certificates for quality assurance, especially for cosmetic or food-grade applications.
- Understand the refund or return policy in case of product damage during transit.
Challenges in the Paraffin Wax Market
Logistical and Transportation Hurdles
Despite Assam’s strategic location, transportation from Golaghat to other regions can be delayed due to heavy monsoon, road conditions, or logistical bottlenecks. These challenges can sometimes affect delivery schedules, especially for buyers located far from the refinery.
Price Volatility
The NRL paraffin wax price in Assam, while relatively stable compared to international rates, can still fluctuate due to market demand, crude oil pricing, and geopolitical developments. Buyers must remain alert to such changes and consider contractual purchases or advance orders to lock in favorable prices.
Future Outlook
Expected Trends in 2025
With the Indian government focusing on boosting domestic manufacturing and energy self-reliance, demand for petroleum byproducts like paraffin wax is expected to grow steadily. NRL may also expand capacity and explore more eco-friendly refining methods, which could influence pricing and product availability in the future.
For Assam-based businesses, this growth is a positive sign. Increased production capacity may lead to more stable prices, better supply chains, and greater opportunities for both local consumption and export trade. Buyers are encouraged to establish long-term supply relationships and keep track of policy updates that may affect procurement or distribution.
The NRL paraffin wax price in Assam is shaped by a variety of economic, logistical, and seasonal factors. Whether you’re a small-scale manufacturer or a bulk trader, understanding these dynamics is essential for planning purchases and managing costs. With its consistent quality, local availability, and strategic advantages, NRL remains a trusted source for paraffin wax in northeastern India. Staying informed about market trends and maintaining strong supplier connections can help businesses navigate price fluctuations while ensuring timely delivery and quality assurance.