The Alpha Pinene market in India faced significant challenges in November xxxx. Domestic demand was subdued, and inflationary pressures affected the overall market dynamics. Manufacturers faced rising operational costs, such as freight and labour, while dealing with competitive market conditions. Additionally, cautious purchasing behaviours across key sectors influenced the market Alpha Pinene environment throughout the month.
According to ChemAnalyst, Alpha Pinene retail prices in November were recorded at USD x,xxx per metric ton on ex-Mumbai basis, showing a drop of about x.xx from October. This shift in pricing was influenced by several market factors. A major development was the depreciation of the Indian Rupee (INR) against the U.S. Dollar, reaching a record low of xx.x per USD during the month. This currency fluctuation increased the cost of importing key raw materials, including Alpha Pinene, adding financial strain to manufacturers who rely on imported feedstocks.
Furthermore, Bharat...
