For most of the luxury companies, the selection of the appropriate candle raw material starts with the quality of the scents used. While perfumes are still loaded with oils that smell good, yet the right candle is a careful concoction of oils that in turn smells awesome. This raises the prices of the candles.
Similarly, certain essential oils can create black smoke and kill the flame, and this may not work the best for you. Also, if the amount of oils that go inside the candle is higher than the actual fragrance then the perceived value of the same is lot lower than the actual fragrance.
Moreover, the quality of additives used to design the candle is vital and the same can cause the price of the same to plummet up. In case of candles like coconut ones, the price is higher due to the quality of raw material used.