Technical Presentation: “Vegetable Oil: Market Outlook & Analysis ”
Speaker: Alex Norton, Beeson & Associates, Inc.


Description
As the candle industry continues to move towards more vegetable oil based waxes, it is becoming increasingly important to understand the market and price drivers for these raw materials. With prices changing daily and ongoing volatility, buyers need a grasp on global and domestic supply and demand factors. The presentation will lay out the landscape for palm and soybean market, go through what has happened in the last year, and look ahead to see what we might expect in the year to come. This will provide some education and outlook for buyers who are present in the vegetable oil based wax market, as well as help prospective users understand what how that market may differ from traditional wax.