W.E. Hill Peg Composition (Made in England) is the best known compound for keeping pegs from sticking. This is what we use at the violin shop on all of our newly installed/adjusted pegs. Surprisingly this works a lot better than other peg compounds we have tested.
"The original Hill composition for pegs which have ceased to turn smoothly. - To be applied sparingly"
Blend of:
Graphite Powder
Petroleum Jelly
China Clay
Talc
Red Iron Oxide
Product Packaging may be different than pictured.