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Rosin Market Update, 3-9-2015

Posted on March 9, 2015 by Ernest Spinner

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 […]

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Rosin Market Update, 3-2-2015

Posted on March 2, 2015 by Ernest Spinner

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 […]

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Rosin Market Update, 9-2-14

Posted on September 2, 2014 by Ernest Spinner

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 […]

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Rosin Market Update, 8-18-14

Posted on August 18, 2014 by Ernest Spinner

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 […]

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Rosin Market Update, 2/24/14

Posted on March 17, 2014 by Ernest Spinner

Rosin imports to China in 2011 = 3K tons; 2012 = 10K tons; 2013 = 30K tons, about 60% of which came from Indonesia.  Indonesia & Brazil have kept their commitments to their base customers throughout the export surge, albeit with delays.  Futhermore, both Indonesia & Brazil continue to increase their annual production. Now that rosin […]

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Rosin Market Update, 11-25-13

Posted on November 25, 2013 by Ernest Spinner

Although there is some small rosin production from October through year end, Chinese annual production statistics typically go from October 1 – September 30, and the figures for the 2013 season are now in.  The 2013 crop produced only 500K mts, down from the more typical recent annual production range of ~ 550 – 600K […]

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Rosin Market Update, 8-26-13

Posted on October 1, 2013 by Ernest Spinner

We have been getting lots of questions about the cause of the Chinese gum rosin spike & where we could go from here. First some background is needed to understand who controls what in China & where the price decisions get made. Forests are owned by the local villages, who give their people the right to […]

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