Petroleum Jelly Prices | Current and Forecast
Monitor Petroleum Jelly Prices Worldwide
Plans Starting at $299 USD /year
Monitor monthly Petroleum Jelly price assessments covering 5 locations: United States, Europe, Southeast Asia, Northeast Asia and Africa. Also check Petroleum Jelly 10-year price history and forecasts.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Petroleum Jelly.
Data Legend. The chart above shows Petroleum Jelly price assessments in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:
- Petroleum Jelly, US (United States): Petroleum Jelly, export transaction price, fob, United States
- Petroleum Jelly, EUR (Europe): Petroleum Jelly, export transaction price, fob, Germany
- Petroleum Jelly, SEA (Southeast Asia): Petroleum Jelly, export transaction price, fob, India
- Petroleum Jelly, NEA (Northeast Asia): Petroleum Jelly, import transaction price, cif, Japan
- Petroleum Jelly, AFR (Africa): Petroleum Jelly, import transaction price, cif, Morocco (netforward from fob Germany and India)
Data Use. Petroleum Jelly prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. Petroleum Jelly price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); (iii) in Power BI dashboards or (iv) a web API (to facilitate integration with existing workflows).
Intratec Primary Commodity Prices
Track global current prices of 225 commodities including Petroleum Jelly
Current Monthly Prices
Price History & Forecasts
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Plans Starting at $299 USD /year
Petroleum Jelly Price Outlook. The price of Petroleum Jelly (United States) decreased during March 2020 to 1,900 USD per metric ton, which represents a decline of 5% compared to the previous month’s value. On a year-over-year basis, the prices of Petroleum Jelly (United States) decreased significantly by 12%. Meanwhile, the average price of Petroleum Jelly (Southeast Asia) amounted to 1,490 USD per metric ton, from 1,580 USD per metric ton one year earlier. On a month-over-month basis, the price of Petroleum Jelly (Southeast Asia) is 5% higher than the price one month before.
The price of Petroleum Jelly (Africa) rose throughout March 2020, reaching 1,600 USD per metric ton. The price is 5% higher than the average price in the previous month and 2% lower than the average price one year before. In contrast, the prices of Petroleum Jelly (Europe) increased during March 2020, reaching 1,600 USD per metric ton, which means a rise of 7% from the previous month’s price and a rise of 0.6% from the previous year’s price.
The prices of Petroleum Jelly (Northeast Asia) experienced a modest decline of 60 USD per metric ton from the prior month's price, to 2,020 USD per metric ton. Such price movement meant a decrease of 3% on a monthly basis and a decrease of 11% on a yearly basis.
About Petroleum Jelly. Petroleum Jelly is an organic compound, classified as a petroleum hydrocarbon. It is a semi-solid or liquid viscous mixture of hydrocarbons, with a white to yellowish color, insoluble in water and most organic solvents. It was first discovered in 1859, with industrial production beginning in 1872 and production essentially paralleling the refining of crude oil. Currently, petrolatum, for its availability in great quantities, provides lower costs compared to animal and vegetable waxes. For its versatility petrolatum can be used in a wide range of processes and industries.
The enduring appeal of petroleum jelly lies in its versatility, affordability, and trusted efficacy, making it present in both household medicine cabinets and industrial applications.
Petroleum Jelly Handling. Petroleum jelly can be stored and transported in bags, barrels, and cases. Both forms, liquid and semi-solid should be stored in a cool place and sun-protected since it is a heat-sensitive and fire-dangerous cargo. This product is not classified as a hazardous or dangerous good for transport purposes and can be transported in MS / Plastic barrels and tanker loads. When transported in bags should not be over stowed as this may lead to bonding together of sacks. Must be stored away from materials such as strong acids, bases, and oxidants.
Petroleum Jelly Production. Raw materials and the respective production processes employed in the manufacturing of Petroleum Jelly are listed below.
- Deasphalted oil (solvent extraction)
Petroleum Jelly Uses. The uses and applications of Petroleum Jelly may vary according to its specification. The main forms of Petroleum Jelly are United States Pharmacopeia (USP) grade; National Formulary (NF) grade; and Food Chemical Codex (FCC) grade.
