China Gum Rosin Market Research
2015-2017
Project manager: George Zhou
Publishing date: July, 2016
Main contents
Chapter 1 China pine oleoresin resource………....………..8
1.1 Oleoresin-tapping pine tree variety and distribution in China…………......……………..8
1.2 Pine oleoresin storage in different producing province………………....….…....………….9
1.3 Pine oleoresin storage Vs pine oleoresin output…………………………......…..….…………9
1.4 Change of pine oleoresin storage in producing province…………….……....…….………10
Chapter 2 China pine oleoresin production…...........……11
2.1 Pine oleoresin production model in China…………………………………....……….………….11
2.2 Pine oleoresin harvest season in China…………………………………………...…….………...11
2.3 Pine oleoresin output in China……………………………………………………………....…………12
2.3.1 Pine oleoresin output distribution………………………………………………………….....…..13
2.3.2 Pine oleoresin output trend in different producing province in 2005-2014…......13
2.4 Pine oleoresin production cost in China…………………………………..……………..…………15
2.4.1 The cost composition of pine oleoresin production…………………….....………....…….15
2.4.1.1 Pine tree contract cost……………………………………………………………..……..………..15
2.4.1.2 Tapping worker salary……………………………………………………………….……………..16
2.4.1.3 Miscellaneous expenses (management, transportation, etc)………......…………. 16
2.4.2 Total pine oleoresin cost and its trends………………………………………..………….……17
2.5 Relationship of pine oleoresin price and its output change……………….......……….….18
2.6 Pine oleoresin cost in gum rosin production……………………………….....……………….…18
2.7 Government policy on pine oleoresin production………………………….......………………20
2.7.1 Pine oleoresin-tapping regulation…………………………………………....…………………..20
2.7.2 Classified management of forest…………………………………………………....…………….20
2.8 Pine oleoresin production in 2015………………………………………………………...………..20
2.8.1 Pine forest contract………………………………………………………………….…….……………20
2.8.2 Tapping worker recruitment in harvest season 2015…………………………....……….21
2.8.3 Weather condition in harvest season of 2015…………………………………....………….21
2.8.4 Tapping worker losing under low pine oleoresin procurement price………….........21
2.8.5 Output of pine oleoresin in harvest season 2015…………………………………......……22
Chapter 3 Pine oleoresin price trends in China…….…….23
3.1 Pine oleoresin trade behavior……………………………………………………….....………………23
3.2 Pine oleoresin price………………………………………………………………………...……………..23
3.2.1 The dynamics of pine oleoresin price……………………………………………....…….……..24
3.2.1.1 Pine oleoresin production cost……………………………………………………….......…….24
3.2.1.2 Gum rosin market………………………………………………………………..…………………..24
3.2.1.3 Speculation……………………………………………………………………………..……………….25
Chapter 4 Gum rosin production in China..……….…..…..26
4.1 Gum rosin production technology and environment protection………….........………..26
4.2 Different kinds of gum rosin in China…………………………………………...………………….26
4.3 Gum rosin factory in China……………………………………………………………..……….………26
4.3.1 Main gum rosin factory in different producing province……………….......……………27
4.3.1.1 Guangxi…………………………………………………………………………………….…………….27
4.3.1.2 Yunnan…………………………………………………………………………………………………..27
4.3.2.3 Jiangxi…………………………………………………………………………………………………….28
4.3.2.4 Guangdong………………………………………………………………………………………….…..28
4.3.2.5 Fujian……………………………………………………………………………………………………...29
4.4 Gum rosin output in the past ten years………………………………………...……………….…29
4.5 Gum rosin production feature in 2015…………………………………………………..…………30
4..5.1 Low factory operation rate………………………………………………………………...……… 30
4.5.2 The cost of stock gum rosin is relative low in 2015………………………………..………31
4.5.3 Low gum turpentine price brings extra difficulty to gum rosin factory……........….31
4.6 Gum rosin production cost and its trends in the past ten years…………….....……..…..32
4.6.1 Raw material (Pine oleoresin) cost……………………………………………………..…………32
4.6.2 Production cost……………………………………………………………………………………..……..32
4.6.3 Packing cost…………………………………………………………………………………………….…33
4.6.4 Taxation……………………………………………………………………………………………………33
4.6.5 Gum turpentine value……………………………………………………………………………..…..33
4.6.6 The benchmark gum rosin production cost and its trends…………………………..33
4.6.7 Gum rosin cost in factory in 2014 and Market price……………………………….……33
4.7 The effect of gum rosin price fluctuation on gum rosin output…………...……………34
Chapter 5 Gum rosin demand in China……………………36
5.1 Gum rosin consumption in domestic market……………………………………….…………36
5.1.1 Gum rosin consumption in adhesive industry………………………………….………….36
5.1.2 Gum rosin consumption in synthetic rubber…………………………………….………..37
5.1.3 Gum rosin consumption in ink industry…………………………………………….….……39
5.1.4 Gum rosin consumption in food industry……………………………………………………40
5.1.5 Gum rosin consumption in paper-making industry…………………………….……….40
5.1.6 Gum rosin consumption in batik industry……………………………………………………41
5.1.7 Gum rosin consumption in ABS (Acrylonitrile Butadiene Styrene) industry..…41
5.1.8 Gum rosin consumption in paint & coating industry…………………………………...42
5.1.9 Gum rosin consumption in other industries…………………………………………………43
5.1.10 China rosin market capacity in 2015……………………………………………………....43
5.2 Gum rosin and gum rosin derivatives export………………………………………………….43
5.2.1 International rosin market in the past 10 years…………………………………………..43
5.2.2 Gum rosin export in China……………………………………………………………………..……47
5.2.3 Gum rosin derivatives export in China…………………………………………………………50
5.3 Gum rosin import in China……………………………………………………………………………..52
5.3.1 Gum rosin import…..……………………………………………………………………….………...52
5.3.2 Gum rosin derivatives import……………………………………………………………….……54
5.4 Hydrocarbon resin competition…………………………………………………………….….……54
5.4.1 Hydrocarbon resin output trends in China…………………………….……………..………54
5.4.2 Hydrocarbon resin price trends in China………………………………….………………….55
5.4.3 Hydrocarbon resin export and import in China…………………………..……….………56
5.4.4 The impact of hydrocarbon resin on gum rosin industry…………………....………….60
Chapter 6 Gum rosin output and price forecast in 2016..62
6.1 Gum rosin production forecast in 2016………………………………………………………….62
6.1.1 The effect of recent pine oleoresin procurement price on pine oleoresin production in harvest season 2016………………………………………………………………….......................…..62
6.1.2 The effect of 2015 gum rosin market on pine oleoresin production in new harvest season………………………………………………………………………………………............………….…63
6.1.3 The effect of economy prospect on pine oleoresin production in new harvest season………………………………………………………………………………………………….....….…….63
6.1.4 Tapping worker recruitment situation………………………………………………....………64
6.1.5 Pine oleoresin and gum rosin output forecast in 2016…………..……………...………64
6.2 Gum rosin demand forecast in 2016……………………………………………………….……64
6.2.1 Domestic demand forecast………………………………………………………………….……64
6.2.1.1 Adhesive industry…………………………………………………………………………………65
6.2.1.2 Synthetic rubber industry……………………………………………………………………….65
6.2.1.3 Ink industry…………………………………………………………………………………….…….65
6.2.1.4 Food industry…………………………………………………………………………………..…….65
6.2.1.5 Paper-making industry……………………………………………………………………..…….66
6.2.1.6 Batik industry………………………………………………………………………….………..……66
6.2.1.7 ABS industry…………………………………………………………………………………………..66
6.2.1.8 Paint & coating industry……………………………………………………………………….…66
6.2.1.9 Other……………………………………………………………………………………………………..66
6.2.1.10 Gum rosin market capacity in 2016………………………………………….……………67
6.2.2 Export market forecast………………………………………………………………………………67
6.2.2.1 Gum rosin export……………………………………………………………………………………67
6.2.2.2 Gum rosin derivatives export……………………………………………………….…………67
6.2.2.3 Gum rosin import……………………………………………………………………………………68
6.3 Gum rosin price trends forecast in 2016……………………………………………………....68
6.3.1 Price forecast in Q1……………………………………………………………………………….…68
6.3.1.1 Gum rosin supply in Q1…………………………………………………………………………...68
6.3.1.2 Gum rosin demand in Q1………………………………………………..………………………..68
6.3.1.3 Price trends in Q1……………………………………………………………………………………69
6.3.2 Price forecast in Q2……………………………………………………………………………………69
6.3.2.1 Gum rosin supply in Q2…………………………………………………………..………………..69
6.3.2.2 Gum rosin demand in Q2……………………………………………………...…………………..69
6.3.2.3 Gum rosin price trends in Q2…………………………………………………...……………….69
6.3.3 Price forecast in Q3………………………………………………………..…………………………..70
6.3.3.1 Gum rosin supply in Q3……………………………………………………..…….……………….70
6.3.3.2 Gum rosin demand in Q3………………………………………………………....…………...….70
6.3.3.3 Gum rosin price in Q3………………………………………………………………………………70
6.3.4 Price forecast in Q4…………………………………………………………………………………....70
6.3.4.1 Gum rosin supply in Q4……………………………………………………………………………70
6.3.4.2 Gum rosin demand in Q4………………………………………………………………………….71
6.3.4.3 Gum rosin price in Q4……………………………………………………………………………...71
Chapter 7 Gum rosin industry forecast in 2017…….……72
7.1 Gum rosin output forecast in 2017…………………………………………………………………72
7.2 Gum rosin demand forecast in 2017……………………………......................………….…..72
7.3 Gum rosin price trends forecast in 2017………………………........................………….…73
More details about the report, please contact George Zhou Via rosin@rosinnet.com or globalrosin@hotmail.com