The Hindu Business Line : ‘CPCL should cater to wax demand in TN first’

The Chennai Petroleum Corporation (CPCL) should satisfy the demand for wax in Tamil Nadu first before sending it to other States, said Mr P.S .John, President, Madurai-Ramnad Candles Manufacturers Association.

There are 2,000 units engaged in the production of candle in the region and 10,000 families are dependant on this cottage industry. “We pay the market price and the taxes too. Yet, we are not able to obtain what we need, as a good portion from CPCL is sent to other States,” he told Business Line.

“Indian Oil Corporation (IOC) does not cater to our demand. They send the product to the North. There is also a difference in the prices between IOC and CPCL. While the price per kg of wax, type II Parafin, with IOC is only Rs 59.45, the same is sold by CPCL at Rs 65.20.

“Further, the product price is frequently raised, putting the industry in disarray. We suffer severely because of this frequent increase in prices and could not match supply. CPCL supplies wax only three months after paying the draft, Mr John said.

“While we do not object to CPCL sending the product to the North, it should be its priority to cater to the demand in the State first. We feel neglected,” he added.

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