Is beeswax going up or down this year?

Beeswax will definitely increase this year in 2018. It can be analyzed from three aspects.

1. International Environment

At the end of 2017, Russian President Putin signed a new law on amber and jade, and began to strictly control the export volume of beeswax. The law came into effect on December 21. In fact, since Russia restricted the export of amber in 2014, the price of beeswax raw materials has been on an upward trend. Unexpectedly, at the end of 2017, Russia issued the most stringent export policy restricting the export of amber raw materials. Ukraine and Lithuania have successively restricted the export of raw materials. Controlled.

The general meaning of the legal provisions is as follows:

1. Individuals who illegally possess, transport, process, and sell amber (including jade and semi-precious stones) will face the confiscation of a fine of 200,000 to 600,000 rubles. . (The fine starts at least RMB 20,000)

2.? The nature of the company illegally holds, transports, processes, and sells amber (including jade and semi-precious stones) and will face a fine of 1 to 60 million rubles. Effective from December 21st! (The fine starts at least RMB 200,000)

2. Climatic conditions

Every year in October and early November, the Kaliningrad area begins to freeze. In addition, the traditional method of digging amber relies on water flushing. Fortunately, amber mining is not greatly affected by Russian winters with temperatures around zero in previous years. But this year, with a temperature of minus 4 degrees Celsius, shovels can no longer dig into the soil. Once it drops to minus 10 degrees Celsius, not even shovels or pile drivers can handle the frozen soil, and workers in the mining area cannot work normally at sea. It is expected that there will be no new products until next summer, so the price of beeswax will only become more and more expensive.

3. Market Environment

Since the export of Russian rough stones is prohibited, some people may think that we can just buy finished products? Please keep these horoscopes in mind: fakes are rampant and genuine goods are extremely expensive. This is a true portrayal of Russian beeswax.

On Nevsky Street, the famous beeswax street in Russia, it is rare to see high-quality beeswax, and most of the products displayed in the windows are fakes. Press clear, second generation, plastic, everything.

In short, in such a harsh international environment, difficult climatic conditions, and chaotic fake market, the price of beeswax will only rise in 2018, not fall.