China Methionine Weekly: Prices plunge further on poor demand (week ended Jun 25, 2012)
End-users and traders were reluctant to stockpile methionine inventories while livestock markets remained weak. As crude oil prices fell below US$80/barrel methionine producers cut prices in a bid to entice buyers. In Europe, price quotes for Q3 deliveries stayed at EUR3.19-3.25/kg.
