Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Market Reports

February 12, 2018
 
China Methionine Weekly: Prices stabilise; market stays weak (week ended Feb 12, 2018)
                                             
An eFeedLink Exclusive
 
 
Price summary
 
Prices stabilised of late.
                  
Price quotes of imported dl-methionine remained in the range of RMB20.20-20.80/kg.
 
For liquid methionine*, price quotes softened to RMB16-17/kg.
 

Weekly prices of dl-methionine in China

Area

Jan 30 - Feb 5
(RMB/kg)

Feb 6 - Feb 12
(RMB/kg)

Price change
(RMB/kg)

Guangzhou

20.50

20.50

0.00

Chengdu

20.80

20.80

0.00

Jinan

20.50

20.50

0.00

Nanjing

20.50

20.50

0.00

Shijiazhuang

20.50

20.50

0.00

Zhengzhou

20.20

20.20

0.00

Shenyang

20.50

20.50

0.00

Beijing

20.50

20.50

0.00

                                 

Weekly transacted prices of liquid methionine* in China

Area

Jan 30 - Feb 5
(RMB/kg)

Feb 6 - Feb 12
(RMB/kg)

Price change
(RMB/kg)

North

16.80

16.00

-0.80

Central

17.00

17.00

0.00

South

17.00

17.00

0.00

Prices refer to delivered-to-feedmill prices, and are for reference only.
RMB1=US$0.1580 (Feb 12)

 
*Commonly referred to in China as liquid methionine is methionine hydroxyl analogue, a liquid source of supplemental methionine.
 
 
Market analysis
 
Despite the recent price slash of methionine, sales increased modestly. Feed producers were reluctant to stockpile high inventories in anticipation of a weak post-festive market. Knowing that further price cuts would not stimulate demand significantly, methionine producers held prices stable.
 
In Europe, prices of China-produced methionine slid to the range of EUR2.44-2.50/kg.
 
 
Market forecast
 
Methionine market will be quiet in the coming couple of weeks as China celebrates Chinese New Year. The post-festive market is poised to remain soft with poultry feed consumption slow and methionine supplies ample.
 

 


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read