The USITC should be making the final ruling on or before July 12, 2013, regarding a duty on xanthan gum coming from China and Austria.
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Guar gum pricing rose last week due to the resumed futures trading.
Prices of guar gum look set to rise once again, with the lifting of the ban on futures trading.
“Global demand for guar gum is muted at present, with oil companies expected to have amassed significant stocks to meet their requirements for the time being. Substitutes to guar gum have also been found, giving the oil companies the wherewithal to make a switch in case of price spikes.”