The price of Phenoxyethanol in India is projected to continue rising in March xxxx. This extends the trend observed since the beginning of the year xxxx. 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 x.xxx in March xxxx.
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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&#xx;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 xxxx per metric ton in February xxxx, and it is anticipated to increase by x.xx in...
