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China

February 8, 2019
 
Soft pre-festive demand holds down China biotin prices
 
An eFeedLink Exclusive         
 
 
Prices stayed flat.
 

Transacted prices of 2% biotin in China (RMB/kg)

Price quotes as of Dec 26

Price quotes as of Feb 1

Price Changes 

56-60

56-60

0

Prices are representative and for reference only.
RMB1=US$0.1483 (Feb 8)

 
Pre-Chinese New Year market was weaker than expected this year as livestock prices plummeted. However, producers of biotin held up prices while output expenses were high.

Biotin market is projected to remain soft with limited downward scope after the festive break.
 


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