Price Of Biotin Increases Slowly

The key factor that makes the export price of biotin low is not in the international market, but Chinas own problems. Biotin market in China has not yet formed and there is a serious shortage of consumer. It results in the exceeded production must find ways to release and solve the problem in the international biotin market. Recently, the supply of biotin market has decreased, so prices began to uplink. However, this is a short-term performance. The price will be adjusted after the producers resume normal production.
In terms of sales volumes, biotin, vitamin family can only be regarded as a small variety of products. In 2011, total sales volume of the world’s pharmaceutical biotin is only about 125 tons. In 2011, China exported 115 tons of pharmaceutical biotin. It is equivalent to 7 percent of biotin volume of international market
2008 years ago, the international market, pharmaceutical grade Biotin price was as high as $ 1,600 per kilogram. Chinese exports of pharmaceutical grade Biotin number of bulk drugs in 2008, 117 tons, compared to 2007 net increase 84.25%. Biotin export prices and is very profitable, and further promotes Chinese enterprises to increase the speed of expansion of production capacity for biotin. The end of 2008 China biotin production capacity has exceeded 200 tons (equivalent to a content of 98% product) ranked first in the world.
However, the biotin market is not fully grasping the hands of manufacturers in China. It is still uncertainty exists. Western biotin manufacturers have mastered the new technology of asymmetric chiral synthesis of biotin and minoxidil. Its products and quality are not worse than the Chinese. The key point is that the west’s labor costs are too high while Chinese exports biotin has\ low prices. Western manufacturers temporarily reduce or stop the production of biotin bulk drugs. Once the international market greatly increased demand for biotin, they probably will resume production immediately.
India and Bangladesh in recent years make great efforts to develop the poultry industry. The feed-grade biotin imports began to rise. The Indian government encourages farmers to develop a poultry industry and tariffs on imports of feed-grade biotin decreased from about 10% to 5%. Earlier, India and Bangladesh, mainly from the Netherlands, Germany and other developed countries, imports of feed-grade biotin, dropping lower and lower with the export price of the feed-grade biotin, and now the two countries API suppliers have been imported feed-grade biotin from China in order to meet domestic farming needs. Be seen that the biotin international demand there is still space for further excavation.
Because of excessive producing and the limited capacity of the international biotin market, the biotin production company’s products began to be a large backlog. In order to open the market for products, companies compete to keep the prices down and sales. It results in price of biotin go into a trough in 2009 and 2010 two years in the international market. Biotin export price is so low. The key factor is not in the biotin international market, but their own problems. The biotin production business fight against with each other, it keeps the prices down and leads to biotin export prices in international market plummeted.

Ax-lightness Saddle Line Review

AX-Lightness Apollo Carbon Saddle

The AX-Lightness Apollo has a very traditional saddle shape and benefits from a center grove that starts just behind the nose of the saddle and runs to the split in the rear. This grove helps reduce perennial pressure and numbness while improving blood flow. Only the Apollo has this feature.

The AX-Lightness Apollo is an impressive 74grams and has a maximum rider weight of 176lbs. Its 127mm wide and 270mm long, just slightly larger than the AX-Lightness Phoenix and smaller then the San Marco Aspide – which it looks very similar to.

Weight: 74grams

AX-Lightness Endurance Carbon Saddle

The AX-Lightness Endurance saddle is 135mm wide, which in saddle terms, means it will cater to the largest audience. It’s 279mm long, meaning it gives the most room for you to move around on. Check the Life-Size to see how it compares to your current saddle.

Compared to:
Selle Italia Flite Endurance is 5mm wider and 1mm shorter
San Marco Aspide Endurance is 3mm wider and 1mm longer
Fizik K1 Carbon – Endurance is 5mm wider and 21mm shorter

Weight: 78grams

AX-Lightness Phoenix Carbon Saddle

The AX-Lightness Phoenix is one of the lighter saddles with a more defining quality then weight alone. With the saddle flipped its unique leaf sprung rail system is reveled. The AX-Lightness Phoenix rails blend into the front and back of the saddle with a standard round rail section for your seat post to clamp onto. (Traditional rails are round and mount directly to the base of the saddle). The leaf system, improves ride quality by absorbing more road vibration. Oh the marvels of German engineering ultra-light and designed with comfort in mind.

The saddle is 125mm wide and 260mm long with the rear slopping allowing you to push off the saddle.

Weight: 58grams

AX-Lightness Sprint Carbon Saddle

The AX-Lightness Sprint saddle is 124mm wide, which in saddle terms, puts it on the smaller side. It keeps a longer length of 274mm giving you a fair amount of room to move back and forth.

Weight: 72grams

All of the AX-Lightness saddles are constructed in Germany by hand in a slow and meticulous process. AX-Lightness doesn’t bolt or screw their rails to the saddle shell but rather goes through the process of molding them together during the manufacturing process. This creates a monocoque construction which fully integrates the rails and shell. This greatly improves the saddle’s strength and ability to absorb road vibration.

DHL, Fedex and UPS International Shipping Service Comparison

We have created a table that shows the variety of services available by DHL, Fedex and UPS for shipping non-freight items internationally. Let’s take a moment to examine the different services available.

Same Day “Same day” delivery is available from all three shippers. This service really means that the package will be on the next available flight. If the package is a document and not-dutiable there should be no problem getting the package off the plane and to its destination as if it were hand carried.

Document…to be or not to be… For international packages customs clearance is an important component of package arrival time. Documents that do not need customs are limited just by flight arrival and delivery. DHL recognizes this and offers a service focused on document or non-dutiable items. The separate treatment of these items contributes to minimal delivery delays. One might imagine that there are probably certain times of day, using DHL Same Day Service, Fedex International Next Flight or UPS Express Critical SM, when a package might have arrived at the same time as with DHL International Document Service at but at a reduced cost.

Are Specialized Services Always Needed? Along the same lines let’s examine the additional specialized services offered by Fedex and UPS, one wonders if the “expedited” package would have arrived at the same time using DHL Document Service if the package was just a document. While there are definitely instances where dutiable items have time critical arrival deadlines, most time critical international packages are business documents with original signatures. Any other type of documents can be sent by email or facsimile. To pay a premium to insure that documents arrive at 10:30 in 2-3 business days should be considered carefully when a less expensive service DHL International Documents Service may suffice.

An Illustration… In order illustrate the point let’s take a package leaving New York destined for Germany. The package is picked up in New York by 5PM EST Tuesday (11:00PM German Time Wednesday). This package then leaves Newark at 12:00AM EST on Tuesday Evening (6:00AM German Time Wednesday) arrives in Germany at 5:00 PM Wednesday night where it will be sorted and ready to leave for delivery at 5:30AM German local time Thursday. The chances are very good that a non-dutiable document would arrive in Germany from New York by 10:30 AM on the second day even without the premium service. This should be true if you used DHL International Document Service, FedEx International Economy or UPS Worldwide SaverSM. Of course this all depends on timing and connections however this Gedankenexperiment allowed plenty of time for connections and presumably these billion dollar package carriers have worked all of that out anyway. All three of the carriers have a time arrival estimator which is really a calculation using their established flight plan arrival schedules. This will give you a good idea of when your carrier believes a non dutiable item such as a document would arrive. If there is no advantage in days for using the premium service then it is up to you to decide if you want to pay for the “premium delivery time”.

Overall a-share valuation tends to be mature – Alloy Steel Seamless Pipe Manufacturer

As the recent A-share market approaches the point similar to last year end, the overall valuation of Shanghai Shenzhen 300 Constituent Stock keeps going downward. As the market closed on July 3rd, the P/E ratio of Shanghai Shenzhen 300 index lowered to 10.68x, which is close to the year low record of 10.43x on January 5th, 2012. Such a figure also neighbors Shanghai Shenzhen 300 Index’s 9.37x historic extreme.

Thomson Reuters data shows that by June 29th, the dynamic P/E ratios of Standard & Poor’ 500 Index, Deutscher Aktien Index, Hang Seng Index and Shanghai Composite Index are 12.54x, 9.22x, 9.62x and 9.29x. Analysts pointed out that in terms of international horizontal comparison; there are no huge differences between A-share valuation and mature markets in America, Germany and Hong Kong, etc.. In terms of horizontal comparison, the present A-share valuation is obviously lower than the 998 points on June 6th, 2005 and 1664 points on October 28th, 2008. This is an objective support for enhancing the valuation of Shanghai Shenzhen 300 Index.ex.

The performances of A-share keeps going downwards from 2010 to 2011 and the yearly price drop ranges are 14.31% and 21.68% respectively. After the earlier continuous and considerable decline, the general valuation of A-share market gradually draws together with mature markets.

Judging from the current circumstances, analysts think that though our economic growth slows down, there is little suspense that Chinese economy will grow faster than developed countries like America and Germany in years. Therefore the valuation of A-share market is increasingly attractive.

However, the structural disparity is still significant between A-share market and other markets though the overall valuation of A-share market is drawing close to international developed markets. Thomson Reuters reveals that the industries with highest dynamic P/E ratios are biotechnology (36x), investment (20x) and retail commodity (17x). And the lowest dynamic P/E ratios are seen in air transportation (7x), auto manufacturing (8x) and insurance (9x). In contrast, the industries with best P/E ratios are food and home appliances (22x), non-ferrous metal (22x) and health & medical (20x) and the lowest are banking (6x), railway transportation (9x) and automobile (9x).

Government Supports Private Capitals Move into the Culture Industry

After General Administration of Press and Publication enacted a policy to encourage private capital entering the culture industry, Ministry of Culture also published similar policies.

However, State Administration of Radio Film and Television has not published similar policies. Reporters from China Securities Journal have learned from insiders that reform in the radio, film and television will be slower than that in press and state owned art groups. The private capital has to wait to enter the radio, film and television at least in this year.

GAPP policies primarily focused on supporting private capital apply for national culture industry special funds. It maintains that private capital receive the same treatment with state capital in press park establishment and industry park construction. Ministry of Culture stated that private capital firms will receive equal treatment with state capital firms in terms of projects establishment, tax benefits and regulatory approvals. It also encourage private capital firms including financial institutes, brokerages and culture funds to enter the culture industry.

Cheng Shaofeng, deputy director of culture industry research institute of Beijing University said that, press industry and entertainment industry reforms started relatively early and as a result private capital has high degree of involvements. At present, policies enacted by two main regulatory agencies actually officially acknowledged private capital’s status in the industry and further laid out regulations for participants to follow.

Currently among the public listed companies in the domestic market, press firms have the largest share while radio, film and television firms are next to none. -Press and media industry reform was the fastest therefore privately owned press firm and advertisement firms are abundant with high degrees of market competition. Therefore, it is relatively easy for private capital enter such industries. On the other hand, radio, film and television industries reform has not yet completed yet with planned internet, cable and phone networks combination moving very slow. In addition, many existing firms within the industry still remain bureaucratic. And as a result, private capital still faces resistance to enter into this industry.- Chen stated.

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