About HS Code 271290
This HS code encompasses paraffin wax with a higher oil content, specifically 0.75% or more by weight. This less refined form of paraffin wax is a significant commodity in global trade, primarily used in industrial applications where high purity is not the paramount concern. Countries with large industrial bases, particularly in sectors like rubber, textiles, and general manufacturing, are key importers. Exporters are typically major oil-producing and refining nations. The higher oil content makes it more economical for uses such as general-purpose candles, matches, polishes, and as a component in various industrial lubricants and protective coatings. Its trade dynamics are closely tied to crude oil prices and the demand from manufacturing industries worldwide. Understanding the specific oil content and melting point is crucial for buyers, as these properties dictate its suitability for different industrial processes.
Products Under This Code
Industrial paraffin wax, Match wax, General purpose candle wax, Rubber processing wax, Textile sizing wax, Polish formulations wax, Corrugated board wax, Wax for rust prevention
Real World Examples
Sasolwax 6203, Sinopec Paraffin Wax 58/60, Lukoil Paraffin Wax, Repsol Paraffin Wax
Common Misclassification
This code is frequently confused with 271220 (paraffin wax with less than 0.75% oil) due to the critical threshold of oil content, which differentiates its purity and end-use applications. It could also be mistaken for slack wax (271210) if the refining stage isn't clearly defined.
Products Classified Under 2712.90
Industry
This code belongs to the Minerals & Fuels industry.
Trade Overview
China, India, and the USA are significant importers, while major exporters include China, Saudi Arabia, and Russia.
Frequently Asked Questions
What is HS code 271290?
HS code 271290 covers: Paraffin wax; containing by weight 0.75% or more of oil, obtained by synthesis or by other processes, whether or not coloured. This HS code encompasses paraffin wax with a higher oil content, specifically 0.75% or more by weight. This less refined form of paraffin wax is a significant commodity in global trade, primarily used in industrial applications where high purity is not the paramount concern. Countries with large industrial bases, particularly in sectors like rubber, textiles, and general manufacturing, are key importers. Exporters are typically major oil-producing and refining nations. The higher oil content makes it more economical for uses such as general-purpose candles, matches, polishes, and as a component in various industrial lubricants and protective coatings. Its trade dynamics are closely tied to crude oil prices and the demand from manufacturing industries worldwide. Understanding the specific oil content and melting point is crucial for buyers, as these properties dictate its suitability for different industrial processes.
What products fall under HS code 271290?
Industrial paraffin wax, Match wax, General purpose candle wax, Rubber processing wax, Textile sizing wax, Polish formulations wax, Corrugated board wax, Wax for rust prevention
What are common misclassifications for HS code 271290?
This code is frequently confused with 271220 (paraffin wax with less than 0.75% oil) due to the critical threshold of oil content, which differentiates its purity and end-use applications. It could also be mistaken for slack wax (271210) if the refining stage isn't clearly defined.
How is HS code 271290 structured?
HS code 271290 is a 6-digit subheading under the Harmonized System. The first 2 digits (27) identify the chapter, digits 3-4 (12) identify the heading, and digits 5-6 (90) specify the subheading. This code is standardized globally by the World Customs Organization.