Tall Oil Rosin Price have continued to decrease in the North American region throughout the third quarter of 2022, backed by weak demand dynamics and a continuous drop in feedstock prices. Demand from the downstream adhesives, paint, and coating industries has dropped amid the high inflation rate. Meanwhile USA, supply dynamics remained under pressure as the major exporting port of Houston witnessed port congestion, resulting in the limited availability of the material in the domestic and overseas markets. However, low offtakes from the European and other importing countries resulted in little influence on the overall price dynamic of Tall Oil Rosin. As a result, the price of Tall Oil Rosin plunged by 4-5% during September 2022.
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