Because soy is a crop, what kind of price fluctuation and supply variation is SoyaWax subject to? Can we be assured of the availability of this wax if there are crop fluctuations?
The major ingredient of our 100% vegetable wax formulas is derived from soy beans. We use other vegetable ingredients to provide such performance characteristics as color blending, mold release and desirable surface texture. Soybeans are one of the most abundant crops grown in the U.S. American farmers produce over 18 billion pounds of soybean oil each year. The entire U.S. candle industry uses about 1 billion pounds of petroleum wax at present. The very abundant production of soybeans as a U.S. crop ensures that adequate supplies of your new soybean base candle waxes will always be available. Various market forces cause price fluctuation in all products whether from agricultural, industrial or petroleum sources. The soybean components used in the production of our waxes have however traditionally not had wide price fluctuations. We expect the price of soy wax to be stable. The quantity of soy wax can always be plentiful because of the sheer volume of soybean production of the U.S. agr
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