SIP Bid / Ask, USD
ACAI.FINO.BR-PA 3.53 / 4.01 kgAGARWOOD.GRADEA.IN-AS 394.32 / 630.91 kgALFALFA.PREMIUM.AU-NSW 210.06 / 336.09 MTALOEVERA.100X.CN-GD 60 / 96 kgAMARANTH.RAMDANA.IN-UT 591.48 / 946.37 MTANCHOVY.DRIEDA.MY-08 2.25 / 3.60 kgANNATTO.WHOLESEED.IN-AP 0.71 / 1.39 kgANTIMONY.INGOT9965.CN-HN 4,950 / 8,040 MTAPRICOTK.SWEET.AF-KAB 7.49 / 11.99 kgARECA.REDBOILED.IN-KA 2.76 / 4.42 kgASHWAGANDHA.ROOT.IN-MP 2.05 / 3.28 kgBAMBOO.DENDRO.IN-AS 3.94 / 6.31 pieceBAOBAB.WILDPOWDER.KE-14 6 / 12 kgBARITE.API42.CN-GZ 63.75 / 238.80 MTBARU.RAW.BR-GO 7.80 / 12.48 kgBASMATI.1121SELLA.IN-PB 552.05 / 883.28 MTBEESWAX.YELLOWA.TZ-24 6 / 9.60 kgBENTONITE.ACTIVATED.CN-HE 138.75 / 222 MTBENZOIN.SIAM.VN-06 18.75 / 30 kgBIRDSNEST.CLEANED.VN-34 1,580.84 / 2,529.35 kgCARDBLACK.BOLD.CN-YN 7.88 / 18 kgBLACKSEED.COLDPR.IN-RJ 5.63 / 9.01 kgBOVINE.CRUST.BD-13 1.01 / 2.16 sq_ftBRAZILNUT.INSHELL.BR-AM 2.23 / 3.56 kgCARD.BOLD8MM.IN-KL 33.94 / 54.30 kgCARNAUBA.T4.BR-RN 4.73 / 15.14 kgCASHEW.KOR50.BJ-CO 0.60 / 0.96 kgCASHMERE.DEHAIR16.CN-NM 49.50 / 127.20 kgCHAMOMILE.CUTSIFT.CN-AH 7.50 / 18 kgCHIA.BLACK99.PY-14 1,425 / 2,280 MTCHILI.ERJINGTIAO.CN-HA 0.75 / 2.40 kgCHROMITE.CHEM46.ZA-LP 449.53 / 719.24 MTCINNAMON.CHINACASSIA.CN-GX 2.91 / 4.66 kgCLAY.BLEACH.IN-RJ 141.96 / 302.84 MTCLOVE.FAQ.ID-SN 5.62 / 10.20 kgCOCOA.GRADE1.CM-SW 1.50 / 2.40 kgCOCONUTOIL.CNO.ID-RI 1.33 / 2.13 LCOCOSUGAR.CRYSTAL.ID-YO 1.76 / 2.82 kgCOFFEE.AA.TZ-09 9.08 / 14.52 kgCOIR.BRISTLE.IN-TN 0.16 / 0.63 kg

Pine Rosin

PINEROSINGums, Resins & Natural Extracts17 listed markets

Pine rosin, also called colophony, is the solid residue left when the volatile turpentine is distilled off pine oleoresin. It is a brittle translucent solid ranging from pale straw to near black, made up largely of diterpene resin acids. It is one of the most widely used natural industrial raw materials in the world: tackifier in adhesives and hot melts, sizing agent in paper, binder in printing inks and road marking, base for chewing gum and for soldering flux, feedstock for rosin esters and rosin derivatives, and a component of varnishes, coatings, rubber compounding and depilatory wax.

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Nothing here matches what you are holding? Send it anyway. The sheets cover the markets we publish, not the limit of what we will look at.

Listed pine rosin markets

Each line is a grade at a delivery point. Open one for its full specification and terms.

SymbolGradeDelivery pointState
PINEROSIN.N.CN-GXN-grade gum rosinGuangxi, ChinaBuys and sells, quoted on request PINEROSIN.N.ID-JTN-grade gum rosinJawa Tengah (Central Java), IndonesiaBuys and sells, quoted on request PINEROSIN.TALLOILROSIN.FI-17Tall oil rosinSatakunta, FinlandBuys and sells, quoted on request PINEROSIN.TALLOILROSIN.US-SCTall oil rosinSouth Carolina, United StatesBuys and sells, quoted on request PINEROSIN.WG.CN-GXWG-grade gum rosinGuangxi, ChinaBuys and sells, quoted on request PINEROSIN.WG.ID-JTWG-grade gum rosinJawa Tengah (Central Java), IndonesiaBuys and sells, quoted on request PINEROSIN.WG.VN-22WG-grade gum rosinNghe An, VietnamBuys and sells, quoted on request PINEROSIN.WG.BR-SPWG-grade gum rosinSao Paulo, BrazilBuys and sells, quoted on request PINEROSIN.WOODROSIN.US-GAWood rosinGeorgia, United StatesBuys and sells, quoted on request PINEROSIN.WW.CN-GXWW-grade gum rosinGuangxi, ChinaBuys and sells, quoted on request PINEROSIN.WW.IN-HPWW-grade gum rosinHimachal Pradesh, IndiaBuys and sells, quoted on request PINEROSIN.WW.ID-JTWW-grade gum rosinJawa Tengah (Central Java), IndonesiaBuys and sells, quoted on request PINEROSIN.WW.VN-22WW-grade gum rosinNghe An, VietnamBuys and sells, quoted on request PINEROSIN.WW.BR-SPWW-grade gum rosinSao Paulo, BrazilBuys and sells, quoted on request PINEROSIN.X.CN-GXX-grade gum rosinGuangxi, ChinaBuys and sells, quoted on request PINEROSIN.X.ID-JTX-grade gum rosinJawa Tengah (Central Java), IndonesiaBuys and sells, quoted on request PINEROSIN.X.BR-SPX-grade gum rosinSao Paulo, BrazilBuys and sells, quoted on request

Price guarantee on pine rosin

If a move in the pine rosin price would hurt you, fix the price now. We agree it today for the months you name, and it holds whatever the market does in between.

BuyingYou use or resell pine rosin and need to know your cost. We fix your purchase price for the quantity and months you name.
SellingYou grow, produce or hold pine rosin and need to know your revenue. We fix your sale price ahead of production or shipment.
SettlementAgainst delivery of the pine rosin.

A price is fixed only once a trader confirms it in writing. Request a fixed price.

Caps and floors on pine rosin

A fixed price binds buyer and seller. A cap or a floor is a guaranteed price on one side only. You pay a fee up front for it, and it is a right, not an obligation: you use it only if the market moves against you.

CapFor buyers. A guaranteed maximum price for pine rosin. If the market is above the cap when you buy, you pay the cap. If it is below, you buy at the market price and let the cap lapse.
FloorFor sellers. A guaranteed minimum price for pine rosin. If the market is below the floor when you sell, you receive the floor. If it is above, you sell at the market price and let the floor lapse.
FeeAgreed and paid up front. It is the whole cost of the cap or floor, and it is not refunded if the cap or floor goes unused.

A cap or a floor is in place only once a trader confirms it in writing. Request a cap or a floor.

Grades

Rosin is contracted on production route, on the lettered colour grade, and on the physical constants that decide how it behaves in a formulation. Gum, wood and tall oil rosin are three different articles and the contract names one of them.

Production route as the contracted article

5 grades

Declared production route, verified where required by chromatographic comparison against a reference for the declared routeWhere the rosin came from. The route drives the resin acid profile, the odour, the colour range and the price, and it is never inferred from appearance.

GradeDefinition
Gum rosinDistilled from tapped pine oleoresinTapped live from standing trees and distilled. The largest traded article, from China, Indonesia, Brazil and Vietnam.
Wood rosinSolvent extracted from aged pine stumpsExtracted from stumpwood, then refined. Darker and more oxidised in its raw form.
Tall oil rosinFractionally distilled from crude tall oilA byproduct of kraft pulping, abbreviated TOR. Distinct resin acid and fatty acid profile, and it carries a fatty acid limit.
Pine speciesDeclared, with the binomial namePinus massoniana, Pinus elliottii, Pinus merkusii, Pinus oocarpa and others. The species changes the acid profile.
Modified and derivative formsDeclared, with the modification namedDisproportionated, hydrogenated, polymerised, maleic modified, dimerised and esterified rosins. Separate articles with their own specifications.

Colour grade

15 grades

ASTM D509 standard methods of sampling and grading rosin, read against the USDA rosin colour standardsThe lettered colour ladder, which is the primary commercial grade of rosin worldwide. It is a match against physical reference standards, not a score.

GradeDefinition
XPalestThe top of the lettered ladder.
WWWater whiteThe benchmark grade in international gum rosin trade and the one most contracts are written against.
WGWindow glassOne step below water white.
NNancyFourth step down the ladder, still a pale rosin and widely contracted for adhesives and inks.
MMaryFifth step down, a pale amber rosin.
KKateSixth step down, amber.
IIsaacSeventh step down, deeper amber.
HHarryEighth step down, light red.
GGeorgeNinth step down, red.
FFrankTenth step down, deep red.
EEdwardEleventh step down, dark red.
DDollyTwelfth step down, the last grade above the darkest.
BDarkestThe bottom of the lettered ladder.
Grading methodVisual comparison against the reference standards under the stated conditionsThe comparison set, the lighting and the sample preparation are all fixed by the method and written into the contract.
Gardner or Hazen colourDeclared, on a solution of stated concentrationAn instrumental colour alternative contracted alongside or instead of the lettered grade for pale and modified rosins.

Physical and chemical constants

10 grades

ASTM test methods for pine chemicals, run by an accredited laboratory on a sample drawn to ASTM D509The working numbers. These decide whether the rosin performs in an adhesive, an ink or a size, and they are the ones a formulator specifies.

GradeDefinition
Acid numberMilligrams of potassium hydroxide per gramDetermined to ASTM D465. The single most contracted chemical number on rosin.
Softening pointDegrees Celsius, ring-and-ballDetermined to ASTM D6579 or ASTM E28. It sets the handling temperature and the performance in a hot melt.
Saponification valueMilligrams of potassium hydroxide per gramTotal acid and ester content.
Unsaponifiable matterPercentage by mass, maximumThe neutral fraction. It reads dilution and process quality.
Ash contentPercentage by mass, maximumMineral residue after incineration.
Volatile matter or loss on heatingPercentage by mass, maximumResidual turpentine and moisture.
Insoluble matter in toluenePercentage by mass, maximumDirt, bark and gel. The cleanliness measure for a molten filtered product.
Abietic and dehydroabietic acid contentPercentage by mass, by gas chromatographyThe resin acid profile, which fingerprints the route and the species.
Fatty acid contentPercentage by mass, maximumContracted on tall oil rosin, where it is the defining impurity.
Crystallisation tendencyDeclared, by the stated methodWhether the rosin crystallises in solution or in storage. A working constraint for the ink and adhesive trades.

Origin, legality and delivery

9 grades

Contract terms settled on the document and on the package rather than in the laboratoryTerms that travel with the lot.

GradeDefinition
Botanical originDeclared, with the binomial species nameThe genus alone is not a specification. Related species yield materially different material and they are priced apart.
Wild harvested or cultivatedDeclaredIt drives availability, legality documentation and, in several of these articles, the chemistry.
Legality and collection permitDeclared, with the permit referenceExport permit, forest concession or community collection agreement. Wild resins move on paperwork and it travels with the lot.
CertificationCertificate, with the scheme and the certificate numberOrganic, FairWild, Fair for Life or a private buyer standard, named on the contract when it is contracted.
PackingDeclaredJute or polypropylene bags, cartons, fibre drums, steel drums or bulk bags, with the liner specified. Soft resins are contracted with a temperature term because they cold flow.
Sampling planDeclaredHow many packages are sampled, by whom, and against which retained reference sample. Hand sorted natural material is heterogeneous between bags.
Form and packingDeclaredBroken lump, flake, pastille or molten in heated tank. Molten deliveries carry a temperature and a residence time term.
Antioxidant or stabiliser additionDeclared, with the additive named and the levelRosin oxidises and darkens. Any addition is a contract term.
Sensitisation labellingDeclared, against the destination market classificationColophony is a recognised contact sensitiser and the destination labelling obligations travel with the lot.

Grades outside this list trade on request. Send us the contract specification you work to and we will price against it.

Locations

CountryRegionWe trade it as
ChinaGuangxi, Guangdong, Yunnan, Fujian and JiangxiOrigin and destination
IndonesiaCentral Java, East Java, North Sumatra and AcehOrigin
BrazilSao Paulo, Parana, Santa Catarina and Rio Grande do SulOrigin and destination
VietnamCentral highlands, Quang Ninh and Nghe AnOrigin
IndiaHimachal Pradesh, Uttarakhand and JammuOrigin and destination
PortugalCentral and northern pine beltOrigin and destination
SpainCastile and Leon, and AndalusiaOrigin and destination
United StatesGeorgia, Florida, Louisiana and the Pacific NorthwestOrigin and destination
FinlandKymenlaakso and OstrobothniaOrigin
SwedenVastra Gotaland and NorrlandOrigin
RussiaNorthwest and Siberian federal districtsOrigin
ArgentinaCorrientes and MisionesOrigin
ChileBiobio and AraucaniaOrigin
MexicoMichoacan, Oaxaca and JaliscoOrigin and destination
HondurasOlancho and YoroOrigin
PolandGdansk and SilesiaDestination
GermanyNorth Rhine-Westphalia and HamburgDestination
NetherlandsRotterdamDestination
BelgiumAntwerpDestination
FranceLes Landes, Le Havre and LyonOrigin and destination
ItalyLombardy and GenoaDestination
United KingdomMerseyside and the South EastDestination
TurkeyIstanbul and IzmirDestination
South KoreaUlsan and BusanDestination
JapanOsaka, Tokyo and ChibaDestination
TaiwanKaohsiung and TaichungDestination
ThailandBangkok and RayongDestination
MalaysiaPort Klang and JohorDestination
SingaporeSingaporeDestination
EgyptAlexandriaDestination
South AfricaDurban and GautengDestination
CanadaOntario and QuebecDestination
AustraliaVictoria and New South WalesDestination
United Arab EmiratesDubaiDestination

Origins and destinations outside this list trade on request. We are not limited to the locations shown here.

Timing

Harvest is when the pine is tapped, or when the pulp mill runs in the case of tall oil rosin. Arrival is when a shipment from that origin typically lands in a consuming market. The gap between them is distillation, grading, laboratory clearance and the voyage.

HarvestArrival

OriginJFMAMJJASONDWindow
ChinaHarvest Apr to Oct, arrival Jun to DecTapping runs through the warm months when the oleoresin flows, with distillation following within weeks. Gum rosin output is heavily concentrated in Guangxi and Yunnan.
IndonesiaHarvest Jan to Dec, arrival Jan to DecTapping runs year round on the Perhutani plantations in Java, with a modest dip in the heaviest rain.
BrazilHarvest Sep to Apr, arrival Nov to JunTapping runs through the southern hemisphere warm season, distilled locally and shipped from Santos and Paranagua.
VietnamHarvest Mar to Oct, arrival May to DecWarm season tapping in the central highlands and the north, with distillation close to the resin.
IndiaHarvest Mar to Oct, arrival Apr to NovHimalayan tapping from spring through the monsoon, feeding domestic derivative manufacture more than export.
PortugalHarvest Apr to Oct, arrival May to NovWarm season tapping in the Iberian pine belt, with short haul delivery into European processors.
United StatesHarvest Jan to Dec, arrival Jan to DecTall oil rosin is a continuous byproduct of kraft pulping, so availability follows mill operation rather than a season.
FinlandHarvest Jan to Dec, arrival Jan to DecTall oil rosin from Nordic kraft mills, produced continuously and shipped from Kotka and Rauma.
ArgentinaHarvest Oct to Apr, arrival Dec to JunSouthern hemisphere warm season tapping in the northeast, shipped from Buenos Aires.

Windows outside this pattern trade on request, including carry, forward positions and stock already sitting in a destination warehouse.

Customs, packing and contract terms

Indicative terms for pine rosin. Tariff classification is the importer’s responsibility and limits change, so confirm both against the destination customs authority and the current regulation before you fix a contract.

  • HS heading3806.10 Rosin and resin acids
    3805.10 Gum, wood or sulphate turpentine oils
  • PackingJute or PP bags of 25 kg to 50 kg for tears and lumps, fibre drums or lined cartons for hand sorted and graded material, steel drums for rosin and oleoresins.
  • Container loading20ft: 12 t to 20 t depending on grade and bulk density. Hand sorted grades ship light.
  • Contract and arbitrationSale on the sorted grade with a retained sealed sample and a certificate of analysis. European trade on the terms of the importing association, arbitration under ICC rules or at the contract seat.
  • Destination limitsEU food additive specifications under Regulation 231/2012 where the gum is an additive, covering E414 gum arabic, E413 tragacanth and E904 shellac. Pesticide and heavy metal limits, EU REACH for technical grades, phytosanitary certification, and CITES where the botanical source is a listed species.

Common questions

What grades of pine rosin does SIP Global trade?

We quote 39 published grades of pine rosin, including Gum rosin - Distilled from tapped pine oleoresin, Wood rosin - Solvent extracted from aged pine stumps, Tall oil rosin - Fractionally distilled from crude tall oil, Pine species - Declared, with the binomial name, Modified and derivative forms - Declared, with the modification named and X - Palest. Every grade is tied to a delivery point and a settlement route. Grades outside the published list are priced on request.

How is pine rosin graded?

Rosin is contracted on production route, on the lettered colour grade, and on the physical constants that decide how it behaves in a formulation. Gum, wood and tall oil rosin are three different articles and the contract names one of them. Grading runs on 4 systems: Production route as the contracted article, Colour grade, Physical and chemical constants and Origin, legality and delivery.

Where does SIP Global trade pine rosin?

We trade pine rosin in China, Indonesia, Brazil, Vietnam, India, Portugal, Spain and United States and 26 further markets. Origins and destinations outside this list trade on request. We are not limited to the locations shown.

When is pine rosin harvested and when does it arrive?

Typical windows are China: harvest apr to oct, arrival jun to dec; Indonesia: harvest jan to dec, arrival jan to dec; Brazil: harvest sep to apr, arrival nov to jun; Vietnam: harvest mar to oct, arrival may to dec; India: harvest mar to oct, arrival apr to nov. Harvest is when the lot is taken at origin, arrival is when a shipment from that origin lands in a consuming market. Windows outside this pattern, including carry, trade on request.

What is the HS code for pine rosin?

Pine rosin is normally classified under HS 3806.10 (rosin and resin acids) and HS 3805.10 (gum, wood or sulphate turpentine oils). The heading follows the form the goods are in at the border, and national tariffs extend it beyond six digits, so confirm the full line with the destination customs authority before you fix a contract.

Can I fix a pine rosin price ahead?

Yes. SIP Global fixes a pine rosin price ahead for buyers and for sellers, as a price guarantee. Send the grade, the quantity and the months you need covered. We settle against delivery, and a price is fixed only once a trader confirms it in writing.

How do I get a price for pine rosin?

Send the grade, the origin and the delivery window to SIP Global. That is enough for a trader to come back with a level and a settlement route. 17 listed pine rosin markets are published on this page, each with its full specification and terms. We buy and sell the physical cargo, prompt to long dated.

Standards and data sources

The grading language on this sheet follows published standards. Trade volumes and tariff lines are public record. Verify anything here against the source.