Gum rosin market in stable and active

Gum rosin market turn into active and the price keep stable after middle of July, in the main producing area, gum rosin (ww grade, steam method) bargain on about 3950RMB/ton in Guangxi province, 4000RMB/ton in Hungpu port of Guangdong province. Heavy rain across the south of China has great negative impact on the extraction and transportation of raw gum, gum rosin price is expect to rise slightly. The market become very active due to the demand of gum rosin in China and abroad increases at present, it is difficult to purchase large amount gum rosin within a short time; the producing of gum rosin is in midseason, also the sale is in midseason.