Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

August 25, 2016

China Methionine Weekly: Prices stabilise on tighter supply, improving demand (week ended Aug 23, 2016)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices stayed unchanged.
                      
Price quotes of imported dl-methionine were in the range of RMB27.20-28/kg.
 
For liquid methionine*, price quotes remained at RMB24-24.50/kg.
 

Weekly transacted prices of dl-methionine in China

Area


Aug9 - Aug 15 (RMB/kg)


Aug 16 - Aug 23 (RMB/kg)

Price change
(RMB/kg)

Guangzhou

28.00

28.00

0.00

Chengdu

28.00

28.00

0.00

Jinan

27.20

27.20

0.00

Nanjing

28.00

28.00

0.00

Shijiazhuang

28.00

28.00

0.00

Zhengzhou

27.20

27.20

0.00

Shenyang

27.50

27.50

0.00

Beijing

28.00

28.00

0.00

Prices refer to delivered-to-feedmill prices, and are for reference only.

                               

Weekly transacted prices of liquid methionine* in China

Area


Aug9 - Aug 15 (RMB/kg)


Aug 16 - Aug 23 (RMB/kg)

Price change
(RMB/kg)

North

24.00

24.00

0.00

Central

24.50

24.50

0.00

South

24.50

24.50

0.00

Prices refer to delivered-to-feedmill prices, and are for reference only.
RMB1=US$0.1502 (Aug 25) 

 
*Commonly referred to in China as liquid methionine is methionine hydroxyl analogue, a liquid source of supplemental methionine.
 
 
Market analysis
 
As the supplies of liquid methionine tightened, prompting producers to stand firm on prices, China's methionine market remained stable during the period in review.
 
Although egg prices strengthened considerably of late amid growing demand, sales of methionine showed little improvement as feed producers remained prudent.
 
In Europe, spot prices of methionine dropped to the range of EUR3.50-3.62/kg while large volume orders were lower at EUR3.53-3.58/kg.
 
 
Market forecast
 
Demand for methionine is expected to expand with egg prices recovering and feed consumption on the rise. Nonetheless, the upward scope of methionine will be limited with supplies sufficient and feed millers reluctant to produce in excess.
 

 


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read