August 31, 2016
China methionine market remains stable despite soft demand
Demand for methionine remained flat as poultry feed millers withheld purchases prudently.
Price quotes of imported dl-methionine were in the range of RMB27.20-28/kg.
Egg prices are expected to rise during early September as the making of moon cakes increase in the coming weeks with Mid-Autumn Festival approaching. This will help to perk up the demand for methionine as feed sales improve.
RMB1=US$0.1502 (Aug 25)
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