Petroleum Jelly Price | Current and Forecast
Monitor Petroleum Jelly Prices Worldwide
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See monthly Petroleum Jelly prices in 5 locations: United States, South America, Europe, South Asia & Oceania, Northeast Asia, Africa. Also check Petroleum Jelly price history since 2007 and forecasts. The chart below is a sample of Intratec Primary Commodity Prices - subscribe now and gain access to current prices of 237 commodities, including Petroleum Jelly.
Data Legend. The Petroleum Jelly price chart shows the prices in USA Dollar per metric ton (USD/mt) in 6 locations, as follows:
- US: Petroleum Jelly, United States, transaction, fob
- SAM: Petroleum Jelly, South America, transaction, cif, Brazil
- EUR: Petroleum Jelly, Europe, transaction, fob, Germany
- SEA: Petroleum Jelly, South Asia & Oceania, transaction, fob, India
- NEA: Petroleum Jelly, Northeast Asia, transaction, cif, Japan
- AFR: Petroleum Jelly, Africa, transaction, cif, Morocco
Data Use. Petroleum Jelly prices are provided as an annual subscription where subscribers have access to reliable pricing data of 237 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .
Intratec Primary Commodity Prices
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Price Dynamics. The Petroleum Jelly price in United States decreased during November 2018 to 2,190 USD per metric ton, which represents a considerable decline of 7% compared to the previous month’s value. On a year-over-year basis, Petroleum Jelly prices in United States increased by 5%. Meanwhile, in Germany, the average price of Petroleum Jelly amounted to 1,560 USD per metric ton, from 1,490 USD per metric ton one year earlier. On a month-over-month basis, the Petroleum Jelly price in Germany is 8% lower than the price one month before.
The price of Petroleum Jelly in Japan declined considerably throughout November 2018, reaching 2,570 USD per metric ton. The price in Japan is 9% lower than the average price in the previous month and 3% lower than the average price one year before. In contrast, Petroleum Jelly prices in India increased modestly during November 2018, reaching 1,540 USD per metric ton, which means a rise of 2% from the previous month’s price and a rise of 4% from the previous year’s price.
The Petroleum Jelly prices in Brazil experienced a modest rise of 40 USD per metric ton from the prior month's price, to 1,480 USD per metric ton. Such price movement in Brazil meant a rise of 3% on a monthly basis and a rise of 2% on a yearly basis. On the other hand, in November 2018, the Petroleum Jelly price in Morocco witnessed a decline of 160 USD per metric ton when compared against the previous month's price, to 1,520 USD per metric ton. The November 2018 price in Morocco did not change when compared to the previous year's price.
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.
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.
Raw materials and the respective production processes employed in the manufacturing of Petroleum Jelly are listed below.
- Deasphalted oil (solvent extraction)
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.
