Why the price of gum rosin is raising sharply in China？
Price of Gum Rosin is raising，and how to get better price of Gum Rosin and its derivative？
- Recently price of Gum Rosin is raising sharply：
the following information is my personal opinion：
A、decrease in the production of gum rosin : almost 50% decrease in production in year 2020 because of high labor fee.
B、Rasing price of petroleum resin.
C、Supplement of the imported gum rosin is also shrinking due to Covid-19.
- How to get better price of Gum Rosin and its derivative？
As one of the biggest tackifier resin manufacturer, all the price of the rosin ester and tackifier dispersion is decided by the market, the unstable of the price of gum rosin make it hard for us to quote the price, as price of gum rosin is raising day by day, sometimes 50usd per days, So we can only provide short valid-term quotation for our customer, anyway I suggest the sooner you can place an order, the lower price you can get.