December 29, 2018

China biotin prices stay flat despite higher costs

An eFeedLink Exclusive         
 

Prices remained unchanged.
 

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

Price quotes as of Nov 29

Price quotes as of Dec 26 

Price Changes 

56-60

56-60

0

Prices are representative and for reference only.
RMB1=US$0.1459 (Dec 28)

 
Several producers halted price releases as the production costs of biotin. However, as demand remained tepid, prices of biotin was flat during December.

Even as demand is expected to improve during January due to the approaching of Chinese New Year, prices are unlikely to rise prominently amid ample supplies.
 


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