April 18, 2024

China Biotin: Prices remain at historic low (week ended Apr 15, 2024)

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Sales of biotin were limited as feed producers remained prudent. Biotin producers held prices, which were at historic low, stable.

Transacted prices in China consolidated  in the range of RMB29.50-34/kg while export prices stayed flat at US$4.10/kg.

Unless biotin producers cut production, prices are less likely to move higher from record low levels.

Full version of the report will be available at: https://spoutinfo.com/market-forecast-detail/29/32/325/5248