Follow the news “2015 Season of Crude Pine Esters” we can know the crude pine esters were farmed delayed than last year. And due to the weakness of economic in China, the price of gum rosin appears a downward tendency, quoted at $2,007 on the ends of July, and now down at $1,644 to $2,044 per ton on September.

Figure 1. CLV15 – Crude Oil WTI Price © NYMEX

Compared with tendency of pine esters, the crude oil appears upward trend, WTI Price was risen from $38 to $49. (See Figure.1) If the price keep a rising trend, the quoted price of C5 Hydrocarbon resins have at low price, average quoted at $1,364 to $1,929 per ton.

Table.1 shows the all group resin, includes gum rosin based, hydrocarbon resins and tall oil rosins. We can see that gum rosins are losing the competitive price. If suppliers only competition by price, we will make it less competitive with wood rosin from Spanish, Brazil, TOR from U.S.A. and Northern Europe.

A professional supplier have to provide full resin solution accord as the formulas of adhesives, coatings and road marking. Keep R&D in new product such as liquid resins for agriculture, beverages or personal cares. Contact with Foreverest, we can offer full solution in pine based chemicals for you.

Table 1. Quoted Price of All Group Rosins & Resins, © Foreverest.