April 4, 2019
Methionine demand picks up prudently in China
Prices of methionine were mostly unchanged during the week ending April 1.
More feed millers enquired prices of methionine as distributors of imported products stood firm after lifting price quotes. Although buyers remained prudent, sales improved modestly, helping to hold up prices of methionine in some regions.
Price quotes of imported dl-methionine consolidated higher in the range of RMB17.30-18/kg.
With the availability of imported methionine decreased, feed producers are likely to expand inventories.
RMB1=US$0.1489 (Apr 4)
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