October 11, 2016
Methionine market softens in China on lacklustre demand
Prices of methionine moved lower during the week ending October 10.
Plummeting broiler prices during September dampened feed millers' buying interest for methionine. Expecting demand to remain slack during October and November, several distributors and traders lowered prices in efforts to move sales.
Price quotes of imported dl-methionine were stable to lower in the range of RMB25.80-26.50/kg.
RMB1=US$0.1499 (Oct 3)