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During Q1 2023, MineralTurpentine Oil Prices kept on fluctuating in the North American market,where demand fundamentals remained low from the domestic downstream sectors,and prices were primarily driven by orders from the international market. Datareveals that the downstream industries like automotive, paints, and adhesivesshowed some improvement by the end of the quarter but remained belowexpectations due to prolonged inflationary pressure. Furthermore, the FED'sfrequent price revisions on domestic interest rates were contributing toconcerns about the country's economy and affecting demand for the product. 

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