Based on introduction to the method of manufacturing compound wax specially for emulsion explosive, this paper presented various indexes of compound wax which could influence the blasting performance and emulsifibility of emulsiion explosive.Through actual application,it was shown that the compound wax specially for emulsion sxplosive can be substituted completely for the oil phase material which is composed of mineral wax,ceresin wax,vaseline and engine oil ect.so as to reduce the components of emulsion explosive and lower production cost.