January 20, 2021
China Biotin: Decreased output strengthens prices (week ended Jan 18, 2021)
As operation rates dropped due to power shortages, biotin production decreased. Several buyers lifted prices while buyers eagerly placed orders.
Transacted prices in China rose to the range of RMB56.50-60/kg.
With production limited, biotin market is projected to remain firm in the coming period.
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