Gum rosin price update (Sep.26)
Gum rosin market generally kept in stable in the beginning of the week. However, raw material (pine oleoresin) procurement price slightly slip in Guangxi province. The newest gum rosin price is as follow.
Guangxi province: 8100 RMB/ton (ww grade, steam method, Pinus massoniana, in galvanized iron drum)
Guangdong province: 8200RMB/ton (ww grade, steam method, Pinus massoniana, in galvanized iron drum)
Huangpu port: 8200 RMB/ton (ww grade, steam method, Pinus massoniana, in galvanized iron drum)
For the export market, the newest quotation is about FOB 940-955USD/ton (ww grade, steam method, Pinus massoniana, packing with galvanized iron drum) in Huangpu port.