October 25, 2016

Strong competition weakens China biotin prices

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Prices dipped further.
 

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

Price quotes as of Sep 14

Price quotes as of Oct 21

Price Changes 

85-90

76-85

-9 to -5

Prices are representative and for reference only.
RMB1= US$0.1476 (Oct 25)

 
Availability of biotin increased as several producers who halted operation recently resumed production.

With demand slack and supplies in excess, prices of biotin are poised to weaken in the coming period.
 


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