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Prices on Upswing; Users Seek Security.(rosin resin )
Chemical Week
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December 23, 1998|
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COPYRIGHT 1998 Access Intelligence, LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Rosin Resin producers have been in a sticky situation this year: First, prices took a nosedive in the face of slow demand and high inventories, which in turn prompted at least one manufacturer to scale back production. A poor gum rosin crop in China is now tightening supply. As a result, producers and consumers expect prices to head back up again next year, and at least two major customers are taking steps to create internal rosin The 1.2-million m.t./year global rosin resin market is growing with U.S. GDP. Rosin resin products come from three sources: wood rosin, which ...
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