Indian Pine Oil prices
Mumbai Pine Oil values moved higher this week, with prices reaching Rs 193.00/kg, up Rs 5.00/kg from last week. Indian Pine Oil prices recovered after a sharper decline of Rs 12.00/kg over the previous fortnight, indicating a short-term rebound from recent weakness. The current level is also Rs 13.00/kg above last month, showing a positive monthly trend.
The three-month comparison shows Pine Oil rising by Rs 31.00/kg from Rs 162.00/kg. Over six months, the increase is larger at Rs 40.00/kg from Rs 153.00/kg, confirming a firm broader movement in the domestic market. Pine Oil prices in India are now near the recent high of around Rs 205.00/kg, while support is observed near Rs 188.00/kg. The lowest price in the past year was around Rs 146.00/kg. Volatility has remained moderate, and recent trading has been relatively steady as market participants adjust positions around these price levels. Indian Pine Oil prices continue to reflect both short-term recovery and longer-term strength, Pine Oil, Pine Oil Prices, Market Recovery, Fortnight Weakness, Chemical Market, Uptrend.
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