October 4, 2016
Weak trend prevails in China methionine market
Prices of methionine remained soft during the week ending September 30.
Sales of methionine were disappointing while poultry products prices stayed weak. Feed millers who were preparing for the upcoming long holidays in early October were reluctant to stockpile high inventories of the product in anticipation of slack feed demand ahead.
Price quotes of imported dl-methionine fell to the range of RMB26.20-26.50/kg.
RMB1=US$0.1499 (Oct 3)
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