May 30, 2017
Firm stance of Chinese biotin producer fails to strengthen market
An eFeedLink Exclusive
Prices were stable to lower.
|
Prices of local biotin (2%) in China (RMB/kg) | ||
|
Price quotes as of Apr 28 |
Price quotes as of May 26 |
Price Changes |
|
66-70 |
65-70 |
-1 to 0 |
|
Prices are representative and for reference only. | ||
Although a major producer stood firm on prices, biotin market stayed weak due to poor demand.
Feed sales are unlikely to be strong with the livestock markets underperforming. Biotin prices are seen soft in the coming period.
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