‘Product Updates’
Most of the rosin & rosin derivatives plants are still just coming up. Slight uptick, with meaningless volume. However, hydrocarbon resin prices dropped again & Chinese gum (CGR) is now +$230 above that of a plain vanilla hydrocarbon resin. Add an approximate cost of $400 to convert the rosin to an ester, & the effective […]
Everyone has returned from the Lunar Holiday, but the rosin & derivative plants are still just coming up. Too few transactions so far to affect the price. The China National Forest Products Industry published 2014 year end production data, which surprisingly showed a 12% increase of 567K mts, up from 508K mts in 2013. Not […]
Flat again, which is really quite surprising. We’re coming to the end of the high production flow of summer, hydrocarbon resin prices remain well below those of rosin esters, ester production lines are running well below capacity, & still the price of Chinese gum rosin does not fall. I suspect that when the final production […]
Price was flat this week, although there could be price pressures developing. We have unconfirmed reports that a multinational adhesive customer in China has switched 100% to hydrocarbon resins from rosin esters. With Chinese hydrocarbon resins ranging in price from $200-400/mt below that of Chinese esters, the report could be right. The relative price stability […]
