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Important news of the C5 Petroleum Resins prices trends in middle of August
This week the prevailing price of the Chinese Rosin reported at the range of $2150 to $2250.The main factor caused the Rosin price changes is too many Rosin plants decreased the production lines leade to the lower supply of the Rosin than the actual demand in the market.This kind of thing is even obvious when the prices of the petroleum resins fell to the bottom.The prices of the C5 Petroleum Resins raised by $85/MT more or less than the prices in the previous period.Although the demand for C5 Petroleum Resins isn't going up too much,the prices of the C5 resins changed accordingly.By CREDREZ anticipate, the rising price trend will continue for a period.