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Chinese market situation and price trend for Xanthan Gum

ECHEMI 2017-01-17

According to the data from ECHEMI, Ethylene Glycol was in the market shocks with slightly downward.

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By approaching the Spring Festival, stocking up drawing to a close, what’s more, the atmosphere of transaction gradually became light, some traders stayed on the sidelines, the enthusiasm of putting the capital into market is not high, the price level is still at high place. On the other hand, the producing rate of downstream polyester industry will gradually decrease. To some polyester enterprises, since the lack of the intention of purchasing, the aspect of demand is on pressure, further more, the supplies are still in tight, so the Ethylene Glycol market will be in finishing condition.


Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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