August 14, 2013
Imminent output rise holds China methionine market weak
Prices of methionine were stable to lower during the week ending August 5.
As China’s poultry inventories stayed below pre-H7N9 outbreak levels, the demand for methionine was limited.
Price quotes of imported dl-methionine were in the range of RMB26-26.50/kg.
A new methionine plant in Nanjing is likely to begin production this month. The imminent rise in output is poised to keep methionine market weak in the coming period.
RMB1=US$0.1634 (Aug 14)
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