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The export pricing for US biotin as of the first week of January **** is on a positive note, with an increase of *.** for the entire week compared to the previous week**;s decrease during the month of December ****. Biotin export pricing experienced a corrective period during the last month of the year **** as a result of low demand from abroad because of the end-of-year liquidation of inventories on the part of importers abroad due to the uncertainty of the global economy. Exporters received few orders for biotin as the downstream nutraceutical, pharmaceutical, and animal feed industries delayed buying, which led to oversupply and a resultant decrease in biotin prices. However, this slump was labeled as a seasonal factor and a necessary correction to set the stage for a comeback as a new year began.
Market trends changed decisively in early January ****, with
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