April 28, 2015
Chinese traders slash methionine prices to clear stocks
Prices of methionine were significantly lower during the week ending April 27.
Traders, who were concerned with the poor performance of the poultry sector and slack feed demand after May Day holidays, cut prices to move sales.
Price quotes of imported dl-methionine were lower in the range of RMB65-75/kg
Tight availability will continue to underpin the prices of methionine, especially after the recent round of price fall.
RMB1=US$0.1611 (Apr 28)
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