Nutmeg
The nutmeg oil market in India has exhibited notable stability in raw material prices during this quarter. Fresh arrivals from the new crop season have commenced, contributing to market activity. However, the overall crop volume may be lower due to unfavorable weather conditions. Despite these factors, prices have remained stable over the last two weeks. The market trend indicates a bullish short-term outlook, supported by strengthening demand and prevailing uncertainty in the broader market.
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