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Echemi Market Analysis(Update on 2017-09-18)

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Previous Price:$2300/MT (Reference Price)
Current Price:$2100/MT (Reference Price)  $200/MT
Analysis: Corn prices increased, which increased the production cost of xanthan gum. Offers for goods from Jianlong were $2,050/mt. Offers for food-grade xanthan gum from Fufeng were $2,400/mt FOB Qingdao. Offers for industry grade and petroleum grade xanthan gum from Meihua were $2,100/mt FOB Tianjin.
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