The meaning of Stacte in the Bible
(From Easton's Bible Dictionary)

(Heb. nataph), one of the components of the perfume which was offered on the golden altar (Exodus 30:34; RSV marg., "opobalsamum"). The Hebrew word is from a root meaning "to distil," and it has been by some interpreted as distilled myrrh. Others regard it as the gum of the storax tree, or rather shrub, the Styrax officinale. "The Syrians value this gum highly, and use it medicinally as an emulcent in pectoral complaints, and also in perfumery."

See more on the meaning of Stacte in the Bible:
Stacte {International Standard Bible Encyclopedia}

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