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December 9, 2011
 
Sharper falls in China biotin prices
 
An eFeedLink Exclusive  
       
 
Prices were lower.
 

Biotin prices in China

Region

Price as of Oct 31
(RMB/kg)

Price as of Dec 6
(RMB/kg)

Price change
(RMB/kg)

North

154-169

144-159

-10

South

156-171

146-161

-10

RMB1=US$0.1573 (Dec 9)

     

Most buyers had excess stocks as slow feed production restricted the usage volume of biotin. Prices of biotin therefore slid more prominently than the previous month amid lacklustre demand.
 
In the general market, transacted prices by major producers were at RMB145-150/kg.
 
With feed demand expected to stay soft, trade in biotin market will be light in the weeks ahead.
 


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