This is the first time I've actually heard or read about it. I know nothing about it, and until I do I would propose it come off the consent agenda. |
We expect global demand for waxes to grow at an average annual rate of 1.0% over the next 15 years, while supply will likely drop by 1.5% a year. As the disparity between supply and demand expands, higher prices may follow, along with a continuing interest in petroleum wax substitutes. |