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December 23, 2016


Biotin market shows signs of stabilising in China


An eFeedLink Exclusive  
      

 

Prices were stable lower.

 

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

Price quotes as of Dec 2

Price quotes as of Dec 19

Price Changes 

70-75

68-75

-2 to 0

Prices are representative and for reference only.
RMB1= US$0.1439 (Dec 23)

 

Most biotin producers were reluctant to cut prices, which have fallen about 25% since May. Biotin market showed signs of stabilising despite lacklustre demand.


Prices of biotin are unlikely to fall by a lot at current levels.

 


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