Gum rosin and gum turpentine oil market was quiet during the seven days National Day holiday (Oct.01-Oct.07). The supply of raw material, pine oleoresin, was normal in the beginning of the past week but declined after Oct.5. The procurement price of pine oleoresin was about 6200-6350 in main producing province. limited gum rosin and gum turpentine oil was traded during the holiday, gum roisin price traded at about 8200RMB/ton (ww grade, steam method, Pinus massoniana) in Huangpu port; turpentine oil quoted at 8000-8100RMB/ton (super grade, Pinus massoniana) in main producing province.
For the export market, It was also quiet and few exporters offer gum rosin at FOB 940-955USD/ton (ww grade, steam method, Pinus massoniana, packing with galvanized iron drum), gum turpentine oil at about 960USD/ton (super grade, Pinus massoniana,EXW, not including packing cost).