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Gum rosin market facing downward pressure~
Contact person:Kitty Liang
Turpentine Oil Weekly Report
Turpentine oil prices showing a continuously upward trend,market supply was somewhat shortage
2016-09-26 Hits ：2168 Songtao Business
Till the end of the weekend, the main stream prices of turpentine oil were at around RMB 12,100~12,600Yuan/MT (Around USD1,815~1,890), which has increased RMB300~400Yuan/MT as compared with what before the min- autumn festival. The price increasing was quite obviously in the week. Turpentine oil price increasing trend became more and more obvious from September, especially in the week, till the end of the week, price has increased RMB300~400Yuan/MT, such a price increasing has brought quite large confidence to people for the near future market.
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