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Mumbai (India): In March xxxx, the price of Copper Sulphate witnessed a significant increase in the Indian market, propelled by strong demand from downstream sectors such as agriculture, paints, and other end industries. Additionally, enhanced demand from international markets also played a role in influencing the price of Copper Sulphate in India.
Copper Sulphate prices experienced a notable surge in India, driven primarily by the upcoming Kharif season in agriculture. This price hike was further fueled by the governmentx;s substantial allocation of Rs x.xx lakh crore towards fertilizer subsidy for FYxx, demonstrating its commitment to supporting the agricultural sector and boosting investor confidence.
Improved market sentiment and increased buying activity further fueled demand, while increased demand from downstream sectors including paints and coatings, due to heightened construction activity, added to the positive market sentiment. The sustained momentum in the construction sector, evidenced by a xx.xx year-on-year...
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