September 1, 2014
Sharp hikes in China methionine prices amid short supply
Prices of methionine rose prominently during the week ending September 1.
Methionine supply tightened over the week in review as shipments continued to be delayed whereas demand from the poultry sector strengthened while the feed intake of poultry increased.
Liquid methionine* quotes in the general market stayed at RMB27.50-28/kg.
Methionine prices are poised to stay high with supply diminishing in the market.
RMB1=US$0.1627 (Sep 1)
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