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Latest news:
Elliottii gum rosin prices showed some further increasing~
Weekly Report
Weekly Market report ( Jul. 13th to Jul. 17th , 2026)
2026-07-20 Hits:565 Songtao Business
The renewed escalation of the war in the Middle East has directly driven up international crude oil prices sharply. Driven by the increase in crude oil prices, petroleum resins ended their downward trend and rebounded slightly. The prices of related products such as C5 petroleum resin and hydrogenated petroleum resin rose slightly simultaneously, and the overall market situation of petroleum resin stabilized and rebounded. In addition, the news circulating within the China gum rosin industry this week that crude gum producers plan to hold a meeting to support prices has caused certain disturbances to market sentiment. Due to the interplay of multiple factors, both the gum rosin and turpentine oil markets have experienced certain fluctuations this week. Details are as the follows:
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