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Echemi Market Analysis (Update on 2017-11-13)

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Previous Price:$2200/MT (Reference Price)
Current Price:$2200/MT (Reference Price)  $0/MT
Analysis: Prices of raw materials increased, which increased the production cost of xanthan gum. Offers for food-grade xanthan gum from Jianlong were $2,200/mt FOB Tianjin. Offers for industry grade and petroleum grade xanthan gum were $2,000/mt. Offers for food-grade xanthan gum from Meihua were $2,200/mt FOB Tianjin. As the supply is limited, it is predicted that the xanthan gum market will move up.
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