Gum turpentine oil, extracted from various species of pine trees, has held a significant place in various industries for centuries. Its versatile applications, ranging from pharmaceuticals to fragrance manufacturing, have kept its demand resilient over time. As we delve into the dynamics of the gum turpentine oil market, it becomes evident that its trajectory is influenced by a myriad of...
In the realm of natural resources and essential oils, the gum turpentine oil market has carved a niche for itself as a versatile and valuable product. Derived from the resin of pine trees, gum turpentine oil has a rich history of applications, ranging from traditional medicinal uses to modern industrial and consumer applications. This market's growth is fueled by factors such as its...
Mineral Turpentine Oil Prices In India
India: 1042 USD/MT (USP FDA)
The price of mineral turpentine oil in India reached 1042 USD/MT (USP FDA) in December 2023. The market in the country observed a bullish surge, recording an approximate 20% increase in the initial months of the last quarter of 2023.
The latest report by IMARC Group, titled "Mineral Turpentine Oil Pricing Report 2024: Price...
Turpentine, the resinous exudate or extract obtained from coniferous trees, particularly those of the genus Pinus. Turpentines are semifluid substances consisting of resins dissolved in a volatile oil; this mixture is separable by various distillation techniques into a volatile portion called oil (or spirit) of turpentine and a nonvolatile portion called rosin. Although the term turpentine...
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