Expert opinion: gum rosin market in june

  At the beginning of new producing season, gum rosin price is still in stable, but with the increase of new gum rosin, the market will encounter a stern challenge in June.
  According to the current situation, the supply of new gum rosin will rise greatly in June. All producing areas will enter into new producing season in June, in the south of china, such as Guangxi province, Guangdong province and Fujian province, which is the most important gum rosin producing areas, the middle season is beginning, more and more new gum rosin has been produced, the price of gum rosin is expected to slide down with certain degree. The decline of price will bring huge pressure to manufacturers because the current oleo pine resin collection price is firm, peasant who collect oleo pine resin are reluctant to depreciate oleo pine resin, because the price of farm produce and forest products rise up in recent time under background of slightly overheat China economic. With the loosening of government regulation, more and more businessman enter into the industry; the gum rosin market plunged into chaos in the past few years and the competition of gum rosin market become more and more tension, a real challenge will arrive at June.