January 22, 2019
Chinese methionine sellers cut prices to stimulate demand
Prices of methionine dropped during the week ending January 21.
Buying interest for methionine was weak as feed producers limited inventories despite the approaching of Chinese New Year. In a bid to stimulate sales, traders and distributors cut prices readily.
For liquid methionine, price quotes remained at RMB15/kg.
RMB1=US$0.1470 (Jan 22)
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