The Alpha Pinene market in India is expected to show mixed price trend in the coming months, after increasing significantly during April 2025. As per the studies carried out by ChemAnalyst, prices increased by 4.6% compared to March. This growth was mainly because of stable demand from the pharmaceuticals, food and beverage companies, both of which maintained regular Alpha Pinene purchases amid the concerns of delays in international shipments.

Moreover, higher feedstock Gum Turpentine Oil prices, due to decreased pine tapping yields in China and Brazil, also contributed to the Alpha Pinene price hike. Meanwhile, vessel congestion and firm freight charges further restricted the flow of imports, prompting buyers to secure Alpha Pinene supplies proactively.

In April, Indian importers faced extended lead times and higher costs due to continuous logistical challenges and higher freight charges. Despite stable domestic production, the country’s dependence on imports from major suppliers such as China and Indonesia kept the Alpha Pinene supply tight.

Manufacturers operated at regular capacities but were unable to balance the significant shortfall in imports. Downstream sectors, particularly pharma and food processing industries, continued to place bulk Alpha Pinene orders based on forward contracts, which maintained the usage levels. Although port operations were mostly stable, growth in container handling times were noted, adding to the shipment delays.

ChemAnalyst expects the Alpha Pinene prices in May 2025 to have declined moderately by 1.5% as demand from the food and beverage sectors is likely to have got decreased following bulk restocking activities in April. Moreover, stable Gum Turpentine Oil prices are anticipated to have reduced the production costs for Alpha Pinene, offering some relief to both manufacturers and importers.

Looking forward, the firm has projected Alpha Pinene prices to rise by 1.1% in June, supported by the expected changes in restocking activities by pharmaceutical companies in the anticipation of growth in demand. Potential disruptions in turpentine supply from China could also limit availability, restricting the domestic Alpha Pinene production rates.

On the other hand, July 2025 may see a moderate decline in Alpha Pinene prices by 1.5%, as the peak monsoon season is prone to disrupt inland logistics and delay the deliveries of shipments. In addition, moderate demand from the food processing sector, along with sufficient inventories from June, may reduce spot purchases.

Overall, while June may see a temporary growth in prices, the Alpha Pinene market in India is predicted to decline by July as changes in demand and logistical factors affect market sentiment.