May 12, 2014
China methionine prices soar to two year high
Prices of methionine rose significantly during the week ending May 12.
As poultry feed production increased substantially, the demand for methionine rose in tandem, driving prices to two year high.
Liquid methionine quotes in the general market increased to RMB21.80-22.50/kg.
With supply tight and demand firming up, methionine prices are expected to stay firm in the coming week.
RMB1=US$0.1602 (May 6)
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