Mineral Turpentine Oil Prices: Trend, Demand, Chart & News | IMARC Group

USA – Mineral Turpentine Oil Prices

Mineral Turpentine Oil Prices in the USA averaged USD 1,079/MT during Q2 2026. The market was supported by steady demand from the paints, coatings, adhesives, and industrial cleaning sectors. Stable petroleum feedstock supplies and balanced production helped maintain firm pricing, while consistent construction and manufacturing activity sustained healthy consumption throughout the quarter.

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China – Mineral Turpentine Oil Prices

In China, Mineral Turpentine Oil prices reached USD 1,109/MT in Q2 2026, the highest among the listed markets. Strong demand from paints, coatings, rubber processing, and chemical manufacturing supported prices. Stable refinery operations, adequate feedstock availability, and robust industrial output contributed to balanced supply conditions and a resilient market throughout the quarter.

India – Mineral Turpentine Oil Prices

Mineral Turpentine Oil prices in India stood at USD 1,044/MT during Q2 2026. Healthy demand from paint manufacturers, printing inks, and industrial solvent applications supported the market. Adequate domestic production, reliable raw material availability, and ongoing infrastructure development helped maintain stable pricing despite moderate fluctuations in petroleum-derived feedstock costs.

Germany – Mineral Turpentine Oil Prices

In Germany, Mineral Turpentine Oil prices averaged USD 862/MT during Q2 2026, making it the most competitively priced market among the listed countries. Stable refinery output, sufficient inventories, and moderate demand from automotive, coatings, and industrial cleaning industries contributed to balanced market conditions and consistent price levels throughout the quarter.

South Korea – Mineral Turpentine Oil Prices

Mineral Turpentine Oil prices in South Korea settled at USD 1,029/MT during Q2 2026. Demand remained steady across electronics, paints, coatings, and chemical manufacturing industries. Strong refining capacity, stable petroleum feedstock supply, and active export markets supported balanced supply-demand fundamentals, helping maintain stable pricing during the quarter.

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We Also Provide News and Historical Data of Mineral Turpentine Oil

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• Regional and Global Data: Coverage of key markets and their performance.

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What is Mineral Turpentine Oil?

Mineral Turpentine Oil (MTO), also known as White Spirit or Mineral Spirits, is a petroleum-derived solvent obtained during the refining of crude oil. It is a clear, colorless liquid widely used for thinning oil-based paints, varnishes, and coatings, as well as for industrial cleaning and degreasing applications. Owing to its excellent solvency, controlled evaporation rate, and cost-effectiveness, Mineral Turpentine Oil is extensively utilized across the paints and coatings, automotive, construction, printing, adhesives, and chemical industries.