Gum rosin price update(posted on Jan.17)

Gum rosin price update(posted on Jan.17)

Gum rosin market was flat in the past few days, producers' offer was still higher than buyers's expectation, trading was slack. The newest quotation is as follow.

Yunnan province: 6000RMB/ton (ww grade, steam method, Pinus Kesiya, packing with galvanized iron drum)

Guangxi province: 6500-6700RMB/ton (ww grade, steam method, Pinus massoniana, packing with galvanized iron drum)

Guangdong province: 6500-6800RMB/ton (ww grade, steam method, Pinus massoniana, packing with galvanized iron drum)

Huangpu port:  6500-6800RMB/ton (ww grade, steam method, Pinus massoniana, packing with galvanized iron drum)

For the export market, exporters' offer was also higher than overseas buyers' expectation, trading was not active; the quotation of gum rosin was about FOB 800USD/ton  (ww grade, steam method, Pinus massoniana, packing with galvanized iron drum) in Huangpu port.