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US tall oil rosin prices moved lower in January **** as a combination of seasonal demand pauses and ample Scandinavian export arrivals softened the market. Early January **** shipments from Finnish and Swedish distillers replenished U.S. terminal stocks, and year-end maintenance turnarounds prompted reduced liftings from major downstream consumers. Mid-month softness in domestic offtake, particularly from adhesives and corrugated-packaging users, left distributors with comfortable inventories by late January, prompting sellers to concede discounts. Overall tall oil rosin market sentiment shifted from cautious to defensive as buyers delayed fresh nominations, leaving the sector in a weaker posture going into February.
Tall oil rosin demand was uneven across end-use sectors, reinforcing downward pressure on the DEL Houston variant. Adhesives and sealants,聽which account for more than *** of tall oil rosin usage,聽ran reduced schedules, denting spot enquiries, while corrugated packaging and graphic-inks formulators drew on inventories rather...
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