With the new discovery in health function (to protect normal development of the fetus and promote the decomposition of fat and carbohydrate), biotin is increasing welcomed by international markets in recent years. Before the 2000, price of USP biotin was about 2000 to 4,000 dollars per kg. And in2002, it increases up to 5,000 or even 7000 $ per kilogram. It is often sold our in the market. (due to the manufacturers underestimated the time and have not timely expansion). The price spikes prompted some manufacturers operating at full capacity to produce biotin.

Biotin in the international market in 2002 the total turnover amounted to 80 tonnes of spices and biotin, co-production - 300 tonnes, the amount. China's influence in the international market, China has very few biotin suppliers at first. As global increase of biotin prices in the market, some manufacturers started to export biotin products. In the international market, biotin’s price dropped to $ 1,000 per kilogram. Exceptional low cost Western producers biotin difficult to follow, and possibly stop the production of biotin and cancellations.

China, some manufacturers continue to produce biotin, and the products are mainly used in rare cases, such services are exported to foreign countries. During the first months of 2004, China's export markets, biotin international revenue, nearly 80%. So far, China has become the "master" biotin international. Despite the market crash of biotin, but biotin-year international market terminals, a new variable. Important as a feed additive for poultry feed biotin, it can reduce the time on your hands and biotin mono-gastric animals (chickens, ducks, geese), and increase the many –stomach animals. The role of cattle, sheep, and so on), more pronounced. Biotin supply the international market, sales increased, the dose was about 85% of the total biotin.

The average price of biotin 450 foods to $ 550 per kilogram. As in previous years, the main producers of the West of biotin to halt or reduce production since July last year, biotin, international markets are beginning to grow in August, USP biotin prices crashed in 1300 -1400 dollar per kg.

Cosmetics material biotin has a great aesthetic impact. It also expands medical application for biotin products. It is used in skin, nails and hair cosmetics and will inevitably lead to increased sales of pharmaceutical biotin. Compared to last year, biotin’s production increases by 80%. Most of the products used in cosmetics. It can be expected that biotin’s new applications in cosmetics will drive the rise of biotin’s overall production and sales.Source:http://www.cosprm.com