The price of Phenoxyethanol in India is projected to continue rising in March ****. This extends the trend observed since the beginning of the year ****. Phenoxyethanol is a glycol ether, used as a preservative in cosmetics, pharmaceuticals, and personal care products. Its primary function is to provide antimicrobial protection.
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Phenoxyethanol prices in India are expected to rise by *.*** in March ****.
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Supported by declining inflation and strong demand from pharmaceuticals and personal care industries driving price upward.
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The Indian Rupee&#**;s depreciation relative to the US Dollar has boosted import prices of raw materials, which has led to higher production costs.
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Slowing down in Indian manufacturing activity has constricted supply, leading to the continued price hike of Phenoxyethanol.
As per ChemAnalyst, the price of Phenoxyethanol stood at USD **** per metric ton in February ****, and it is anticipated to increase by *.** in...
