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Gum rosin market facing downward pressure~
Contact person:Kitty Liang
Monthly market report (July , 2019)
2019-08-09 Hits ：707 Songtao business
Under the influence of the market downward trend of June, prices continued the falling and the crude gum quantity which could be collected was obvious lesser than the same period of the previous years, while because that the turpentine oil price is still quite hard to give a forecast, it had brought quite some difficulty for the crude gum collecting and gum rosin producing, to do the collection or not, how large quantity should take, what prices is suitable... facing such weak market situation, factories were quite confused and do not know how to operate, some had stopped crude gum collecting temporarily, some did the collecting cautiously, quite a lot of factories facing the risk of getting lost.
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