August 5, 2014
China methionine market shows signs of stabilising
Prices of methionine stable to lower during the week ending August 4.
Low feed intake of poultries due to the summer heat continued to curtail the demand for methionine. However, prices showed signs of consolidating around RMB35/kg even though most traders and distributors cut prices to stimulate sales.
Price quotes for locally produced methionine were at RMB31.50/kg.
RMB1=US$0.1618 (Aug 5)
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.
