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Feed Additive Focus: Vitamin B7 (H) Biotin 2% and Canthaxanthin

This week's look is at Vitamin B7 (H) Biotin 2% and Canthaxanthin.

This week's Feed Additive Focus, brought to you by Glowlit, takes a look at the latest price changes in Vitamin B7 (H) Biotin 2% and Canthaxanthin.

A new producer of Biotin 2% recently entered the market while prices were at their peak. This development, combined with the lack of recovery in demand post-COVID, has lowered the price significantly. The opacity of the market has meant that customers are paying drastically different prices, with informed customers enjoying the reduction in prices while others are still paying COVID-19 inflated prices. Spot buyers are paying 37% less for Biotin 2% since the end of March, with the current global price around $30.6/kg. Some buyers in France are paying as little as $23/kg, suggesting that other parts of the world will see further reductions. The prices shown here are global, but you can click on the chart to see a free report on Biotin 2% prices offered in your country.

Biotin 2020-06-14.png

The Glowlit crowdsourcing model gives our users the unique ability to follow price trends of less commoditized products. We have found that products which are more opaque often have a greater spread of reported prices. Canthaxanthin, shown below, reflects this same gap. The prices shown here are global, but you can click on the chart to see a free report on Canthaxanthin prices offered in your country.

Canthaxanthin 2020-06-14.png

Glowlit crowdsources prices from industry professionals around the world. To get your free price report, simply visit Glowlit  and anonymously share a quoted or purchased price for your product of interest.    

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