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Elliottii gum rosin price was showed some fluctuation!
Contact person:Kitty Liang
Tel:+86-0771-2610277
+86 13481140850
Fax:+86-0771-2449722
E-mail: st-rosin@hotmail.com
Weekly Report
Monthly market report (Jun., 2017)
2017-07-05 Hits :953 Songtao Business
China gum rosin market prices appeared rapidly falling after the Dragon boat Festival holidays, it might because that the down stream users were not active to do the purchase, gum rosin factories became quite lack of confidence for the future market and offer became lower and lower, crude gum collecting prices were also decreased step by step accordingly. Such rapidly price falling has pressed down the market prices quickly and the prices level was nearly the same as the bottom price of last year. Besides, the current still fairly high price level of turpentine oil has made people even worry about that the gum rosin prices might continue to show some further falling. But anyway, as the continuously price falling of gum rosin, the market risk seemed has been somewhat released, together with the effect of frequently rainy weather, the market prices were trending stable gradually from the late of the month.
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