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Monthly market report (May , 2019)
2019-06-14 Hits ：676 Songtao Business
The turpentine oil market appeared great change in the month, especially after the 2019 gum rosin conference in May, together with effect of the gradually starting of new production season, turpentine oil prices decreased quite obviously, lower and lower offers were spread out and more and more people feel scared, market was in a chaotic situation, demand was really weak and some more people kept wait and see. As the turpentine oil prices falling, gum rosin prices did not appear any increase and continue to keep relatively stable even some falling, the downward pressure were still there. The market operation became more and more difficult.
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