It is so easy to make your own lip balm ,why buy some low grade products with synthetic ingredients? The real luxury is to make your own product and put in everything best. For our lip balm, we used: 1 part beeswax for 1.5 parts sweet almond oil, and 0. 5 part shea butter.
We use shea butter for an extra moisturizing and nourishing ingredient but if you don't have any you could just use 2 parts sweet almond oil.
If you like a softer finish, use 3 parts of oil, but I personally find it a bit too oily. Melt everything in a double boiler, make sure all the beeswax has dissolved in the oil. Turn of the heat, then add a few drops of essential oils. I would use 15-20 drops for this quantity of ingredients. The blend will start to harden fast, thus pour it immediately and as fast as you can in the little containers. For this step, I use a Gongdaobei for tea.
Let it sit in a cool and dry place, and within 30 minutes it should be fine, reaching its final texture and color!