In late May xxxx, India’s pine oil market has shown a notable upward trajectory driven by expanding applications across multiple downstream industries and broader market shifts toward sustainability. With pine oil being a critical raw material in various sectors such as personal care, cleaning agents, adhesives and paints the market is responding to increased consumption across these verticals.
The price of pine oil in India surged during this period and settling at USD x,xxx per metric tonne. This marks a significant incline compared to earlier months attributed not only to strong domestic demand but also to tight supply conditions globally. Seasonal resin tapping cycles and logistic delays from major resin-producing regions have contributed to constrained availability thereby supporting a firm pricing environment. The personal care and hygiene sector which uses pine oil for its antibacterial and aromatic qualities has been one of the main...
