Interpretation,Chinese,biotin, business, insurance Interpretation of Chinese biotin export market trends


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The real turning point ofChinese biotin production came in 2001 and 2002. China take the new technology toproduce biotin, the production cost is less than 1/3 of the Western companies’ biotinproduction costs. This new biotin production process firmly established the "pricingpower" of Chinese biotin products in the international pharmaceuticalmarket (like Chinese researchers invented vitamin C “2 -step synthesis of newprocess” in the 1970s). The development of Chinese biotin synthesis newprocesses have become one of the world's largest biotin manufacturer, It is reported that China'sproduction capacity is about 50% of the total capacity of the world, export volumeranking first in the world, the 2007 export volume accounting for 70% of the actualsales of the biotin international market.China is a biotin producing country, the products produced by biotin manufacturersare very popular in the international market. Since the beginning of 2008, theinternational market prices of biotin enter into the rising channel. Theexperts believe that the biotin export volume in recent years will continue torise, have good export prospects.Biotin,also known as "Vitamin H", is belonging to one of the B vitamins. Inthe early 1990s, Western pharmacologists found biotin has a lot of interestingnew uses, including prevent the fetus because of the abnormal development ofneural tube to cause birth defects, promote the body lipolysis - weight loss, fromthen on, biotin attracted the attention of the medical field. Recent researchdemonstrates that biotin is also effective in treating the type 2 diabetes whichwith high incidence in the world, this discovery makes the hard sell biotin becomethe shopping-rush goods in the world's pharmaceutical market.Before1990s, the international biotin market has been monopolized by a few largecompanies in the West. Although Chinahad already begun to produce biotin as early as in the late 1960s, but due to affectedby backward technology and production cost and other factors, the production isalways not high, only meet part of the demand of the Chinese market, need toimport a large part each year. This situation in the early 1990s began tochange. With the international biotin market’s price increasing, Chinesepharmaceutical companies began to actively engaging in the production of bulkdrugs biotin. With the biotin manufacturers’ team rapidly expanding, China is notonly end of long-term dependence on importing, but also began to flock a largenumber of biotin to the international market. Until 1998, Chinese biotin exportedwas accounted for half of the international biotin market. However, China's exportedbiotin is basically the lower added value feed grade biotin, and higher sellingprice of pharmaceutical grade or cosmetic raw materials levels biotin market isstill monopolized by big Western companies. It is understood that, in the pastfew years, the international biotin market constitute: feed grade account for about80%, pharmaceutical grade, cosmetic raw materialand health food grade biotin accounted for the remaining 20% share.Source:http://www.cosprm.com

Interpretation,Chinese,biotin,

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