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The European market value of Aloe Vera Powder has observed a decline in early December ****. The decline in the Aloe Vera Powder prices was driven by the soft export offers from the Indian suppliers that exerted a downward pressure on the European import market. The seasonal weather change has reduced the Aloe Vera Powder consumption from the beverage sector. The beverage sector usually observes a strong demand in warm months than in winters. The spot availability of Aloe Vera Powder has improved as the beverage manufacturers have scaled back from procurement which created a more competitive market environment. The personal care manufacturers have also showed reduced buying interest as winter formulations have shifted toward waxes, oils and heavier emollients which limited the Aloe Vera Powder usage. The softness of demand across multiple downstream sectors have reinforced a bearish tone that had emerged in November ****. The suppliers...
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