November 1, 2017
Biotin prices show signs of weakening in China
An eFeedLink Exclusive
Prices were stable to lower.
|
Prices of local biotin (2%) in China (RMB/kg) |
|
Price quotes as of Sep 25 |
Price quotes as of Oct 30 |
Price Changes |
|
190-210 |
170-210 |
-20 to 0 |
|
Prices are representative and for reference only.
RMB1=US$0.1509 (Nov 1) |
As buyers withheld buying, prices of biotin showed signs of weakening towards end of October.
Feed producers will continue to limit the usages of biotin in the coming period. Producers are likely to give slight discounts in a bid to move sales.
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