The invention relates to a cheese candle and its preparation method. The cheese candle is prepared from the following raw materials by weight: 20-45 parts of plant wax, 20-40 parts of shortening, 10-30 parts of fully refined paraffin wax, and 1-8 parts of natural essence. The preparation method consists of: dissolving 52DEG C fully refined paraffin wax with steam, maintaining a constant temperature at 90-100DEG C, adding plant wax and Jinyan shortening to perform emulsification, stirring them uniformly, then adding natural essential oil, and after complete dissolution, pouring the emulsion into a well preheated constant temperature trough; and finally, by means of mechanical equipment and infrared control, filling liquid wax, and performing cooling as well as shaping, thus obtaining a finished candle product. Compared with traditional candles, the cheese candle provided in the invention employs plant wax and shortening as well as a small amount of paraffin wax as the main raw materials, has good intermiscibility with essential oil, and is renewable and cheap. During production, the energy consumption is low, and during actual use, the fragrance is lasting. With the advantages of clean and smokeless combustion, low wax pool temperature and good safety, the cheese candle can better improve the air environment effectively through combustion, thus being in line with the requirements of low carbon and environmental protection.