July 16, 2003

Methionine Prices in European Methionine Market Stable

The European methionine market is reported to be stable with powder methionine deals continued to be concluded at around Euro 2.30 / kg.

Bulk purchases for August / September delivery are being offered in the price range of Euro 2.27 / kg to Euro 2.30 / kg.

Large feed mills reported securing long-term contract supply for liquid methionine at around Euro 1.73 / kg, while price in the general market is in the range of Euro 1.75 / kg to Euro 1.90 / kg.