Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Market Reports

September 5, 2017
 
China Methionine Weekly: Prices rise 7% in two weeks (week ended Sep 5, 2017)
 
An eFeedLink Exclusive
 

Price summary
 
Prices increased further.
                      
Price quotes of imported dl-methionine rose to the range of RMB23-23.50/kg, up by RMB0.50-1.50/kg.
 
For liquid methionine*, price quotes were higher at RMB18-18.50/kg.
 

Weekly prices of dl-methionine in China

Area

Aug 23 – Aug 29
(RMB/kg)

Aug 30 – Sep 5
(RMB/kg)

Price change
(RMB/kg)

Guangzhou

22.50

23.50

0.50

Chengdu

22.00

23.50

1.50

Jinan

21.50

23.00

0.50

Nanjing

22.00

23.50

0.50

Shijiazhuang

21.50

23.50

0.50

Zhengzhou

21.20

23.00

0.50

Shenyang

22.00

23.50

1.00

Beijing

21.50

23.50

0.50

 

Weekly transacted prices of liquid methionine* in China

Area

Aug 23 – Aug 29
(RMB/kg)

Aug 30 – Sep 5
(RMB/kg)

Price change
(RMB/kg)

North

17.50

18.50

1.00

Central

17.50

18.00

0.50

South

17.50

18.00

0.50

Prices refer to delivered-to-feedmill prices, and are for reference only.
RMB1=US$0.1534 (Sep 5) 

 
*Commonly referred to in China as liquid methionine is methionine hydroxyl analogue, a liquid source of supplemental methionine.
 
 
Market analysis
 
The availability of methionine was tight as domestic production dwindled due to summer cuts and stringent environmental inspections. Meanwhile, imports were low while demand firmed up as the egg and broiler markets remained strong. Prices of methionine climbed for the consecutive second week as a result, gaining 7.3% during over the past fortnight.
 
In Europe, prices of Chinese methionine stayed in the range of EUR2.45-2.55/kg.
 
 
Market forecast
 
Methionine supplies are expected to stay tight with domestic production decreased and imports limited. This, coupled with growing poultry feed demand in the period leading to Mid-Autumn Festival, will support methionine prices to stay strong.
 

 


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